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 Reliance Naval and Eicher Motors and can buy Prestige Estates.
Ruchit Jain of Angel Broking is of the view that one may buy Brigade Enterprises with a target of Rs 330.
Mitessh Thakkar of miteshthacker.com suggests buying NIIT Technologies and Orient Paper.
Sumeet Jain of Destimoney Securities recommends buying BGR Energy with a target of Rs 150 and Orient Paper with a target of Rs 89.
SP Tulsian of sptulsian.com, explains why he remains positive on PSU banks. He also shares his views on Trident Power and several paper stocks.
SP Tulsian of sptulsian.com says shares what makes him upbeat on paper companies, cautious on tyre stocks and his take on ICICI Bank post the Essar Rosneft deal.
Krish Subramanyam of Altamount Capital is of the view that one may buy Karnataka Bank with a target of Rs 161.
Sameet Chavan of Angel Broking is of the view that one may buy BEML with a target of Rs 972.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com explains why he likes the two wheeler space. He also explains why it is now the best time to book profits on TVS Motor. He talks about Orient Paper's demerger and shares his views on its restructuring.
Krish Subramanyam of Altamount Capital is of the view that one can buy Ashok Leyland June futures and sell 102.5 Call.
In an interview with CNBC-TV18, SP Tulsian, sptulsian.com, shares his views on the microfinance space and sugar stocks.
Ashwani Gujral of ashwanigujral.com recommends buying YES Bank, Bata India and Kolte-Patil Developers.
Orient Paper & Industries can test Rs 90, says Aashish Tater, Head of Research, Fort Share Broking. Their electrical business has forayed into new venture. They are now into light iron along with few other products. The company is looking to expand into a brand portfolio category, which will be a very good business prospect.
In an interview to CNBC-TV18 Aashish Tater, head of research, Fort Share Broking picked Orient Paper & Industries and Insilco as multibagger stocks. He sees these stocks having the potential to fetch better returns in the future.