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
Sumeet Jain of Destimoney Securities is of the view that one may buy Polaris Consulting with a target of Rs 384.
Nirmal Bang Retail Research has picked top stocks for Diwali 2017 including Control Print, Minda Corp, Rane Brake, S Chand and Company, Shemaroo Entertainment Ltd and Tata Global Beverage as its top Diwali picks.
Here is a list of top 10 stocks to buy this Muhurat Trading day for a potential upside of up to 48% in Samvat 2074.
Below is our latest offering: 12 conviction picks that could fetch you strong returns if held from this Diwali to the next, along with the rationale for our choices. The list is in alphabetical order.
The S&P BSE Sensex rose over 200 points in trade on Friday but there was plenty of action in individual stocks as more than 150 stocks hit a fresh 52-weeks high on the BSE.
On the face of it, the company merits attention owing to a number of reasons. It has marquee clients in its kitty and an even spread of clientele. It is putting a premium on its R&D work to develop technologically advanced products and bring a turnaround at its joint venture Minda Furukawa.
In an interview to CNBC-TV18's Anuj Singhal & Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today – Vedanta, Motherson Sumi, Bombay Dyeing, Minda Corp, Jaypee Infra, Canara Bank, M&M, Cummins, Aarti Ind & Talwalkar.