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 has a buy on Rain Industries with a stop loss of Rs 315, target of Rs 332, a buy on United Breweries with a stop loss of Rs 1090, target of Rs 1150 and a buy on Sun Pharma Advanced Research with a stop loss of Rs 410, target of Rs 435.
Mitessh Thakkar of miteshthacker.com recommends buying Dalmia Bharat, Mahindra & Mahindra, Adani Power, Tata Power and Sun TV Network.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Cummins India and L&T Finance Holdings and can buy Ashok Leyland, Hexaware Technologies, Dalmia Bharat and Bata India.
Dalmia Bharat,Federal Bank, and MOIL are on the radar of Anand Rathi Advisory
Cipla, Lupin and Tata Motors, among others, being tracked by investors on Wednesday.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Dalmia Bharat and Tech Mahindra and can hold Pincon Spirits and L&T Finance Holdings while one can sell Godrej Industries.
DBL has increased its market share from 8% in FY14 to 11% in FY17, its volume has grown at 23% CAGR Vs 4% of industry over last 5 years. We expect DBL's revenue to grow at 14% CAGR and margins to improve by 70bps over FY17-19E, leading to 55% CAGR in PAT.
Chandan Taparia of Motilal Oswal Securities recommends buying Federal Bank, Dalmia Bharat and Tata Motors.
In an interview to CNBC-TV18's Latha Venkatesh, Surabhi Upadhyay and Anuj Singhal, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
Vishvesh Chauhan of Monarch Networth Capital advises buying Bombay Burmah Trading Corporation with a target of Rs 1780.
Mitessh Thakkar of mitesshthakkar.com has recommends a buy on Mangalore Refinery and Petrochemicals which has a positive candlestick pattern with a stop loss of Rs 131 for target of Rs 140 while Ashwani Gujral of ashwanigujral.com has a buy on Maruti Suzuki with a stop loss of Rs 8000, target of Rs 8250.
Chandan Taparia, Derivative & Technical Analyst at Motilal Oswal Securities suggests buying Bharat Financial Inclusion, Coal India and Dalmia Bharat.
Mitessh Thakkar of mitesshthakkar.com advises selling Dalmia Bharat and Eicher Motors.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Jubilant Foodworks and Ashok Leyland.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy Coal India and ONGC.
Mitessh Thakkar of mitesshthakkar.com suggest buying Tata Global Beverage.
At CMP of Rs.496, the stock is trading at PE of 20.5x its FY18E EPS & 17x its FY19E EPS. We are initiating our coverage on Finolex Cables Limited with “BUY” recommendation and target price of 640 per share
Traders might have to brace for tough days ahead of expiry on Thursday but any dips are a welcome opportunity for investors to go shopping for their favourite stocks
UltraTech Cement, Castrol and Railways, among others, are on the radar of investors on Thursday.
Here are three stock recommendations from Anand Rathi Share & Brokers
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Larsen & Toubro, Dalmia Bharat and Motherson Sumi and can sell Fortis Healthcare and Raymond.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks and sectors.
Shree Cements is the top pick in the cement space, while Dalmia Bharat is a preferred mid-cap play.
The expectations from June quarter earnings are fairly muted. However, few surprises cannot be ruled out.
Mitessh Thakkar of mitesshthakkar.com suggests buying Dalmia Bharat, National Aluminium Company, Shriram Transport Finance and Gateway Distriparks.