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
Ashwani Gujral of ashwanigujral.com is of the view that one can sell DHFL, BOI, SBI and DLF and can buy Jubilant Foodworks and NTPC.
L&T, NTPC and KNR, among others, are being tracked by investors on Tuesday.
If Nifty see a close below 10350 in next few days then we may be going in for a deeper correction where price may see a downside move to 10100 - 9900.
Looking ahead, analysts at top brokerage firms expect NTPC’s business to improve further backed by higher capacity commercialisation, better fuel availability and likely improvement in demand owing to UDAY scheme.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell NTPC and Bharti Infratel and can buy Tata Steel, Sun TV and Sun Pharmaceutical Industries.
CLSA expects earnings to dramatically improve to a 15-20 percent CAGR over the next two years as corporate earnings return to normal with the bad news already priced in.
Amit Gupta of ICICIdirect
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hexaware Tech, NTPC and Bata India and can sell LIC Housing Finance and Canara Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Maruti Suzuki, Tech Mahindra and NTPC and can sell Equitas Holdings.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Cummins India and RCF and can hold Reliance Industries.
For NTPC, Motilal Oswal expects earnings CAGR of around 14 percent over FY17-20, driven by strong capitalisation. As capitalisation outpaces capex, return on equity will get a boost and re-rate the stock.
Marico, NTPC, and Sun Pharma, among others, are being tracked by investors on Thursday.
Gaurang Shah of Geojit Financial Services is of the view that one may prefer Tata Power and NTPC.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy RIL, Bharat Financial, DHFL, Bharat Forge and M&M Financial and advises selling Grasim Industries.
NTPC has an installed capacity of 51,708 MW comprising of 28 coal based, 8 gas/liquid fuel based and 13 renewable energy (Solar PV and Wind)/ Hydro power projects.
L&T, Godrej Consumer and Pharma, among others, are on investors’ radar on Wednesday.
Mitessh Thakkar of miteshthacker.com has a buy on Axis Bank with a stop loss of Rs 547 for target of Rs 585 and a buy on IDFC with a stop loss of Rs 61.8 for target of Rs 67.
Motilal Oswal continued to like Power Grid and NTPC, being regulated, and offering strong earnings growth potential and good visibility.
Mitessh Thakkar of miteshthacker.com suggests buying Bharat Forge, NTPC, Oracle Financial Services Software and UPL.
NTPC, IndiGo and Quess Corp, among others, are on investors’ radar on Tuesday.
Gaurang Shah of Geojit Financial Services is of the view that one may prefer Tata Power and NTPC.
This rating upgrade is critical because, at Baa3, India’s rating was just above speculative grade and was not reflecting the true picture of the reforms initiated by the Modi government in the past three years.
"Multiple positives have emerged for NTPC which are likely to drive strong profitability," the research said.
NTPC and ONGC, among others, are being tracked by investors on Friday.
Morgan Stanley has an Equal Weight on NTPC with a target of Rs 149 while CLSA has retained a buy on the stock with a target of Rs 200.