Stock analysis is used by traders to make buy and sell call. It’s an approach to make informed decisions while investing in stocks. Stock analysis can be categorised into – fundamental analysis and technical analysis. Fundamental analysis is evaluation of data from sources, including financial records, economic reports, company assets, and market share. Analysts typically study the company’s financial statements – balance sheet, income statement, cash flow statement, and footnotes. These statements are made available to the investors in the form of quarterly earnings, disclosures to stock exchanges in compliance with the Securities and Exchange Board of India (Sebi) norms. In fundamental analysis, the analysts particularly check for a company's core income, income from other sources, profitability, guidance, assets and liabilities and debt ratio among other parameters. The other method, i.e. the technical analysis focuses purely on statistical data. It works on two assumptions; one, the stock price reflects the fundamentals. Second, the study of past and present movement in prices can help determine the future price trends. Technical analysis primarily deals with price, volume, demand and supply factors. This method is effective only when supply and demand forces influence the market. However, when outside factors are involved in a price movement, technical analysis may not be successful. More
Rajesh Agarwal of AUM Capital recommends buying Max Financial Services with stop loss at Rs 437 and target of Rs 462, Escorts with stop loss at Rs 685 and target of Rs 708 and TVS Motor Company with stop loss at Rs 539 and target of Rs 563.
Ashwani Gujral of ashwanigujral.com suggests buying Motherson Sumi Systems with a stop loss of Rs 168, target of Rs 180, Voltas with a stop loss of Rs 536, target of Rs 560 and Kotak Mahindra Bank with a stop loss of Rs 1120, target of Rs 1165.
Ashwani Gujral of ashwanigujral.com suggests buying United Spirits with a stop loss of Rs 556, target of Rs 580, Arvind with a stop loss of Rs 340, target of Rs 357 and Hindustan Unilever with a stop loss of Rs 1580, target of Rs 1640.
Sudarshan Sukhani of s2analytics.com suggests buying Torrent Pharma with stop loss at Rs 1600 and target of Rs 1680, KPIT Tech with stop loss at Rs 210 and target of Rs 234 and Havells India with stop loss at Rs 590 and target of Rs 620.
Rajesh Agarwal of AUM Capital recommends buying Cummins India with stop loss at Rs 664 and target of Rs 694, GAIL India with stop loss at Rs 333 and target of Rs 355 and Kaveri Seed Company with stop loss at Rs 570 and target of Rs 596.
Jay Thakkar of Anand Rathi Securities is of the view that one may buy Arvind with a target of Rs 404.
Morgan Stanley has Overweight call on PNB with a target price at Rs 215 per share as the company reported stable asset quality and provisions were 12 percent higher than estimate.
Ruchit Jain of Angel Broking is of the view that one may buy Nava Bharat Ventures with a target of Rs 158.
South Indian Bank, Eveready, ITC and Bharti Airtel, among others, are being tracked by investors on Thursday.
All these three insurance companies HDFC Standard Life, SBI Life and ICICI Prudential listed on exchanges in the last 16 months.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Divis Lab with a target of Rs 1165.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Ceat and Canara Bank.
Mitessh Thakkar of mitesshthakkar.com advises buying Mahindra and Mahindra.
Mitessh Thakkar of miteshthacker.com advises buying Aurobindo Pharma with a target of Rs 710.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Hindustan Zinc and Tata Steel and can buy Jubilant Life Sciences.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bharat Forge, Hindustan Petroleum Corporation and Indocount Industries and can sell Max Financial Services and Bharat Financial Inclusion.
Mitessh Thakkar of miteshthacker.com has a sell on Cummins India below Rs 880, stop loss of Rs 896 for target of Rs 850 and a buy on Godrej Consumer with a stop loss of Rs 962 for target of Rs 1015.
Ashwani Gujral of ashwanigujral.com recommends buying Titan Company, Sudarshan Chemical and Max Financial Services.
Ashwani Gujral of ashwanigujral.com suggests buying Max Financial Services, Indiabulls Real Estate, HDIL, DHFL, Oil India and Bata India.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Radico Khaitan, Kotak Mahindra Bank, PVR and Torrent Power and can sell Max Financial.
Moneycontrol ran an analysis of companies which generated consistently double-digit growth in cash flows in the last four fiscal years.
Vijay Chopra of enochventures.com is of the view that one may buy NMDC with a target of Rs 130.
Ashwani Gujral of ashwanigujral.com advises selling Bata and Godrej Consumer.
Ashwani Gujral of ashwanigujral.com recommends buying Bharat Forge, Max Financial and Tata Chemicals.
Jay Thakkar of Anand Rathi Securities advises buying Mahanagar Gas with a target of Rs 1157.