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
NTPC is a good investment bet and Power Grid remains defensive bet, says Gautam Sinha Roy, Motilal Oswal.
VK Sharma, Head Private Broking & Wealth Management at HDFC advised buying NTPC instead of Jaiprakash Power if one has a horizon of 10 years.
It was a volatile day on the Dalal Street as the markets turned around in late trade. Indices closed flat after a weak start. The Nifty closed just shy of 5,900 and the Sensex ended at 19,468.
According to professional investor Sangeeta Purushottam, NTPC would be a safe stock to own at Rs 145-150 as it has potential to rise 25 percent over a year.
NTPC remains a market performer, says Dipan Mehta, Member- BSE/ NSE.
Tata Power, Power Grid and NTPC are top picks in power space, says Harshavardhan Dole, Analyst, IIFL.
NTPC has target of Rs 170, says Harshavardhan Dole, Analyst, IIFL. It has been one of the most efficient power generators in India, so pickup in capacity addition and assurance of coal supply will ensure that their earnings will compound at least at 10 percent over the next two-three years.
SP Tulsian of sptulsian expects very lukewarm response for NTPC OFS.
See 15-20% upside in NTPC in next 6-12 months, says Atul Badkar, VP - Institutional Equities - Derivatives Desk, Edelweiss Securities.
NTPC has one year target of Rs 185-190, says Ambareesh Baliga, Independent Analyst.
NTPC-OFS may have Rs 142 as floor price, says SP Tulsian of sptulsian.com.
SP Tulsian, sptulsian.com says that although the OFS floor price seems to be set at a discount to the CMP, the price seems to be a bit aggressive. He does not think there will be good response from the Foreign Institutional Investors (FIIs).
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com gives his views on a few multibaggers. On IRB Tulsian predicts the stock to move to Rs 140-145 level in the next 15-20 days.
The empowered group of ministers has approved the big ticket NTPC offer for sale which will be held on Thursday. The floor price of the issue will disclosed tomorrow.
SP Tulsian, sptulsian.com is quite apprehensive on the success of OFS issue and maybe a floor price of Rs 142 or so should be fixed by the government.
Suresh Mahadevan, MD & Head of Indian Equities of UBS Securities is positive on NTPC but not on power sector.
Shardul Kulkarni of Angel Broking is of the view that NTPC can go upto Rs 178-182.
Sudarshan Sukhani, s2analytics.com is of the view that one should avoid NTPC.
Buy Oil India and NTPC, says Gautam Trivedi of Religare Capital Markets.
Ambareesh Baliga, Market Expert advises traders to buy NTPC around Rs 156-157.
"Considering the offer for sale (OFS) lined up by the government of India on National Thermal Power Corporation (NTPC), I don‘t think that this stock deserves a buy at this moment", says SP Tulsian of sptulsian.com in an interview to CNBC-TV18.
Sudarshan Sukhani, s2analytics.com is of the view that long term investor should exit NTPC.
Sudarshan Sukhani of s2analytics.com is of the view that NTPC has target of Rs 170.
Rahul Singh, Head of Equity Research, Standard Chartered Securities said they liked NTPC not much from safety, but from a steady growth point of view.
Buy NTPC at lower levels, says Sudarshan Sukhani of s2analytics.com.