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
The brokerage feels product diversification and value addition are keys to growth.
We have buy recommendation on Nilkamal with a target of Rs 2,317 based on 22.21x FY19E EPS of Rs 104.30.
Global clues will continue to dominate market sentiments in the absence of any major domestic events. The rupee will be in focus as it closed above the Rs 70/$ for the first time
This week’s highlight was the spectacular listing of HDFC AMC, which gave the investors handsome returns on day one, writes Siddharth Sedani of Anand Rathi.
We estimate Nilkamal's consolidated revenue and PAT to grow by 10 percent & 19 percent CAGR over FY18-20E.
The stock can be bought in the range of Rs 1,705-1,710 for targets of Rs 1,895-1,975, keeping a stop loss below Rs 1,600.
“Failure to trade beyond 10,735, could resume the downside correction in the Nifty, dragging it lower to 10,550-10,325 levels,” says Aditya Agarwala of YES Securities.
Rajesh Agarwal of AUM Capital recommends buying RBL Bank with stop loss at Rs 514 and target at Rs 533, Larsen & Toubro with stop loss at Rs 1350 and target at Rs 1408 and Mahindra & Mahindra Financial Services with stop loss at Rs 485 and target at Rs 519.
The consolidation is likely to continue for next 3-4 months. In fact, the entire calendar year is expected to be tough.
One can expect more short covering once index will move above 10,250 levels. For the near term, we expect its buy on dip markets and one can use any dip as a buying opportunity.
Dolly Khanna, along with her husband Rajiv Khanna who has been her investment advisor, raised stake in 9 out of 20 stocks in her portfolio. She booked profits in 8 stocks while maintained a stake in 3 companies.
Most analysts expect crude oil prices to remain rangebound with upside capped at around USD 55 barrel and unlikely to fall below USD 40 to conclude that it is in a bear territory.
Ashish Kyal of wavesstrategy.com recommends buying Kaveri Seed Company with a target of Rs 675 and Nilkamal with a target of Rs 2200.
For shareholders of Sintex Industries the wait is finally over. With demerger of its plastics business complete, the Gujarat-based company will shift focus to creating wealth for its investors.
SP Tulsian of sptulsian.com, explains why he thinks JSW Energy, despite poor numbers, may quickly see an improvement. He also tells why he is bullish on JM Financial.
In an interview to CNBC-TV18, Ajay Bodke, CEO & Chief Portfolio Manager (PMS) at Prabhudas Lilladher Pvt. Ltd shared his readings and outlook on market, specific stocks and sectors.
In an interview with CNBC-TV18, market expert, SP Tulsian gave his views on various sugar stocks and sais that he keeps a positive stance on UP based sugar mills.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Cairn India, Tata Sponge and Bharti Airtel.
Jagannadham Thunuguntla, Head Of Research at Karvy Stock Broking is of the view that one may prefer Hawkins Cookers and feels that Nilkamal may hit Rs 1275.
Vijay Chopra of enochventures.com feels that Nilkamal may touch Rs 1600.
Watch the interview of Vijay Chopra of enochventures.com and Hemen Kapadia of KR Choksey Securities with Surabhi Upadhyay & Nigel D'Souza on CNBC-TV18, in which they shared their reading and outlook on market and specific stocks.
Mayuresh Joshi of Angel Broking is of the view that one can hold Nilkamal.
The stocks that are expected to gain are Nilkamal, HMVL, Vardaman Textiles, Bajaj Auto, OK Play India, Thangamayil Jewellery, Rajratan Wire and the stocks that will likely be under pressure include Kaya, Concor, HCL Infosystems, Vaibhav Global, Asahi Songwon, Indosolar, Scooters India, Automotive Stamping and Parrys Sugar.
CNBC-TV18's research team gets the list of those 10 stocks which are likely to remain in news in the day's trading.