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
In an interview to CNBC-TV18, SP Tulsian, sptulsian.com picked Voltas and Essel Propack as multibaggers.
Aashish Tater, Head of Research, Fortunewizard.com is of the view that Essel Propack has target of Rs 45-47.
In an interview to CNBC-TV18, Aashish Tater, Head of Research at Fortunewizard.com picks Balrampur Chini Mills and Essel Propack as his multi-baggers for the day. He pegs Balrampur Chini Mills' initial target at Rs 58 followed by Rs 70 and Essel Propack's target at Rs 45.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Essel Propack has target of Rs 52, says SP Tulsian, sptulsian.com. This is the largest laminated tube makers in the world. They have their presence in 12 countries with 24 plants and they are catering to the oral care, pharmaceutical, personal care, cosmetics and industrial sectors.
Stock-analyst SP Tulsian of sptulsian.com explains to CNBC-TV18 that he is positive on Bombay Dyeing due its plans and ventures in the realty sector, and on Essel Propack for its strong financials and likely fall in depreciation.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Buy Essel Propack, says Rajen Shah, Angel Broking.