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
SP Tulsian of sptulsian.com is positive on Triveni Engineering.
In an interview with CNBC-TV18, Vaibhav Agarwal, VP - Cement & Corp Access, PhillipCapital, talked about his outlook on cement stocks and his favourites in the sector.
Dipan Mehta - Member at BSE & NSE is poistive on cement space including UltraTech Cement.
Mehraboon Irani of Nirmal Bang Securities is of the view that Ujjivan Financial Services, UPL and Pidilite are good long term bets.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Kirloskar Oil Engines and Dalmia Bharat.
Ravi Shenoy of Motilal Oswal Securities is bullish on M&M Financial Services with a target of Rs 321 and advises buying Dalmia Bharat.
SP Tulsian of sptulsian.com is of the view that Mahindra & Mahindra may move by Rs 100 in next two weeks.
According to Sahil Kapoor of Edelweiss Broking, Dalmia Bharat is a good bet and may outperform Nifty in 2016.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer Dalmia Bharat, Prism Cement and Ultratech Cement.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer HDFC Bank and Dalmia Bharat.
Mehraboon Irani of Nirmal Bang Securities likes Prism Cement, LIC Housing Finance, Tata Motors and Dalmia Bharat.
According to Sudip Bandyopadhyay of Destimoney Securities, one may prefer midcap cement stocks.
Sudip Bandopadhyay of Destimoney Securities is of the view that one may prefer midcap stocks like Mangalam Cement, Mahindra CIE and Ramkrishna Forgings.
Sudip Bandyopadhyay of Destimoney Securities suggests buying Dalmia Bharat.
Mehraboon Irani of Nirmal Bang recommends buying IndusInd Bank.
Mehraboon Irani of Nirmal Bang is of the view that Dalmia Bharat may test Rs 900 in the next 12 months.
Midcap stocks which were favoured by the market on Monday saw some sharp selling today. But fret not, here are some midcap trading ideas suggested by Credit Suisse.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer Dalmia Bharat and Prism Cement.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer railways and defence space.
Mehraboon Irani of Nirmal Bang Securities is of the view that Dalmia Bharat may test Rs 800.
Mehraboon Irani of Nirmal Bang Securities recommends buying Dalmia Bharat as the stock can hit Rs 700-800 in next 12 months.
Following are the stocks that an investor needs to keep an eye on: ICICI Bank, HCL Tech, Maruti Suzuki, Spicejet, DLF, Dalmia Bharat, Hotel Leela, L&T Finance, Justdial, Havells India.
SP Tulsian of sptulisan.com has a bullish stance on the real estate space and feels that DLF, Prestige Estate, Brigade Enterprise and Indiabulls Real Estate may give good returns.
SP Tulsian of sptulsian.com expects Dalmia Bharat to test Rs 150 in next six months. "At price to book, share is ruling at 0.35 and amongst the midsized cement companies, this is ruling at a lowest PE multiple of five," he adds.
SP Tulsian sees Tilaknagar Industries and Dalmia Bharat touching Rs 75 and Rs 150 respectively in next six months.