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
Jefferies expects cement demand to recover in FY18/19 as it sees improvement in realisation as capacity. It initiates call on Dalmia Bharat with buy and target of Rs 2227 per share. It has underperform rating on ACC and Ambuja with a target of Rs 1174 and Rs 187 per share.
Shahina Mukadam, Independent Market Expert is of the view that one may see upside in Hindalco Industries and NALCO.
Ashwani Gujral of ashwanigujral.com recommends buying Tinplate Company, NALCO and Bharat Financial Inclusion.
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 shares his rationale for not being positive on Nalco and Sun Pharma.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Engineers India, Tata Motors and Tata Steel.
According to Mitesh Thacker of miteshthacker.com, one can buy Adani Transmission, Credit Analysis and Research and Nalco and sell Dabur India.
Market expert SP Tulsian of SPTulsian.com told CNBC-TV18 that he is positive on Maruti Suzuki and from a valuation perspective it becomes a very good buy at sub-Rs 5,000 levels. He expects the carmaker‘s sales to be not as impressive as November‘s.
SP Tulsian bets on Maruti, says if the stock price falls to around Rs 5,000 then it is a buy and if it comes to a level of about Rs 5,300 then there is no harm in booking profits.
Morgan Stanley is underweight on SBI with target at Rs 200 per share as five banking subsidiaries reported weak earnings and earnings may be weak in FY17 & FY18. It expects NIM to remain subdued for longer.
Prakash Gaba of prakashgaba.com is of the view that one may hold NALCO.
Accoring to Sudarshan Sukhani of s2analytics.com, one can buy Indian Hotels and expects higher levels in Balrampur Chini.
In an interview to CNBC-TV18, SP Tulsian shares his views on metal stocks and Quess Corp's stellar IPO listing.
Shahina Mukadam, Independent Market Expert advises buying Nalco with a target of Rs 46.5.
Jay Thakkar of Sharekhan suggests buying Nalco with a target of Rs 45.10.
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 talks about stocks like Maruti Suzuki, Mahindra and Mahindra and on what levels they make a good buy.
Gaurav Bissa of LKP Securities advises selling Shriram Transport Finance Corporation with a target of Rs 885.
Sudarshan Sukhani of s2analytics.com is of the view that one may see upside in Nalco.
Kunal Bothra of LKP Securities recommends buying NALCO at around Rs 40-40.50 for a target of Rs 44.
Kunal Bothra of LKP is of the view that NALCO may test Rs 44.
Kunal Bothra of LKP Securities expects Nalco to hit Rs 46 in next couple of months.
Manas Jaiswal of manasjaiswal.com suggests buying GSFC with a target of Rs 77.
According to Goldman's estimates there is a limited potential valuation upside with a further capex of Rs 450 crore. It belives that smelter utilisation is unlikely to be impacted as the supply from these blocks will replace existing linkage supply while expect transportation costs are likely to be lower.
Sudarshan Sukhani of s2analytics.com is of the view that one may stay away from Nalco.
Ambareesh Baliga, Market Expert is of the view that one can buy metals, steel and PSU banking sectors on dips.
According to Ambareesh Baliga, Market Expert Tata Steel, Nalco, Hindalco Industries and Steel Authority of India are the top four stocks in the metal space.