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
Sandeep Wagle of powermywealth.com suggests buying NHPC, Crompton Greaves and NTPC.
Mitesh Thacker of miteshthacker.com recommends selling NHPC and Godrej Consumer Products.
Sandeep Wagle of powermywealth.com is of the view that one may exit NHPC at around Rs 28-29.
Shahina Mukadam, Independent Market Expert advises selling NHPC.
Prakash Gaba of prakashgaba.com is of the view that one may buy Mcleod Russel and Indraprastha Gas.
Here are brokerages views on 6 stocks. CLSA has a buy call with target at Rs 200 per share. It estimates a 50 percent rise in regulated equity over FY16-19. Stock is inexpensive as trading below its long-term price to equity & price to book multiples.
Sandeep Wagle of powermywealth.com is of the view that one may remain invested in NHPC.
Manoj Murlidharan of Religare Securities is of the view that one can buy NHPC, TV18 Broadcast and Hindustan Unilever.
Jay Thakkar of Sharekhan recommends buying Asian paints for target of Rs 980 and Bajaj Hindusthan with target of Rs 22.70.
Shahina Mukadam, Independent Market Expert is of the view that one may enter NHPC at lower levels.
Prakash Gaba of prakashgaba.com advises selling NHPC and suggests buying Idea Cellular.
According to Ashu Madan of Religare Securities, one may book some profits in NHPC.
Sudarshan Sukhani of s2analytics.com is of the view that one may stay with NHPC.
Manoj Murlidharan of Religare Securities recommends buying Tata Global Beverage, NHPC and Tata Chemicals.
Sudarshan Sukhani of s2analytics.com is of the view that NHPC may head higher.
Kunal Saraogi of Equityrush recommends exiting Suzlon Energy and feels that one may prefer NTPC and NHPC.
Sudarshan Sukhani of s2analytics.com recommends buying NHPC as the stock may test Rs 25-27 in the next six-eight months.
Manas Jaiswal of manasjaiswal.com recommends buying IRB Infra with a target of Rs 254 and NHPC with a target of Rs 21.
Any dip which will come due to this offer for sale (OFS) should be a buying opportunity because ONGC makes a profit after tax (PAT) of around Rs 20,000 crore and they lose out revenues as high as Rs 50,000 crore by way of subsidies, says Parag Thakkar, Head of Sales at HDFC Securities.
Akshata Deshmukh, Chief Strategist-Trading at Networth Stock Broking is of the view that one should hold NHPC.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy ITC with a target of Rs 364.50 and Jaiprakash Associates with a target of Rs 55.
Shardul Kulkarni of Angel Broking recommends buying NHPC as the stock may move towards Rs 20.20-20.30.
Nooresh Merani of AMSEC suggests profit booking in NHPC closer to Rs 24-26. He does not see a lot of downside from current levels.
Mayuresh Joshi, VP- Institution at Angel Broking is of the view that one can exit NHPC. “One may prefer Cipla or United Phosphorus,†he adds.
According to Sudarshan Sukhani of s2analytics.com, one may buy Reliance Power, Tata Power and NHPC with one year time horizon.