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
R Sreesankar, Head - Institutional Equities at Prabhudas Lilladher likes Glenmark Pharma, Mindtree, Persistent Systems, Jubilant Lifesciences and JK Lakshmi Cement from the midcap space.
Manish Sharma of Destimoney Securities advises buying Amtek Auto with a target of Rs 144.
Vishal Malkan of malkansview.com is of the view that one may hold Persistent Systems as the stock may test Rs 1000 in next three to four months.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have – Geometric, ICICI Bank, Triveni Engg, Persistent Systems, Lumax Ind, Srikalahasthi Pipes & VLS Finance.
Gaurang Shah of Geojit BNP Paribas Financial Services advises exiting Persistent Systems and prefer Mindtree and Tech Mahindra.
R Sreesankar, Head-Institutional Equities at Prabhudas Lilladher is of the view that YES Bank, Glenmark Pharma, Cummins India, Ashok Leyland and Ashoka Buildcon, JK Lakshmi Cement and Persistent Systems are the top picks in the midacp space.
Vishal Malkan of malkansview.com is of the view that ICICI Bank is a good bet but one should avoid Infosys.
R Sreesankar of Prabhudas Lilladher is of the view that KPIT Technologies is a good long-term story.
TS Harihar of HRBV Client Solutions is of the view that one can go long in HCL Tech.
Kunal Bothra of LKP Securities is of the view that below Rs 640, Persistent Systems may head lower.
Sudarshan Sukhani of s2analytics.com is of the view that one may avoid Persistent Systems as the stock has been falling consistently.
R Sreesankar, Head - Institutional Equities at Prabhudas Lilladher prefers Infosys, Persistent Systems and Tata Consultancy Services from IT space.
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that one may prefer Infosys, HCL Technologies and Tata Consultancy Services from IT space.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Hathway Cable and Datacom and advises avoiding Persistent Systems.
Kunj Bansal of Centrum Wealth Management is of the view that Persistent Systems is a good buy from the midcap IT space.
Jigar Shah, CEO at Kim Eng Sec India is of the view that one may prefer Sterlite Technologies, Bajaj Auto and Tata Motors.
Devang Mehta of Anand Rathi Financial Services is of the view that TCS and Wipro are good valuation buys.
Kunj Bansal of Centrum Wealth Management is of the view that one may prefer JK Lakshmi Cement and Persistent System.
Kunj Bansal of Centrum Wealth Management is of the view that one may prefer Persistent Systems.
Kunal Bothra, Head of Advisory at LKP Securities is of the view that one may exit Persistent Systems and prefer Dishman Pharma.
Watch the interview of Kunal Bothra of LKP Securities to answer all your stock queries and Kalpesh Ashar of Full Circle Financial Planners and Advisors is our personal finance expert.
Dipan Mehta, member at BSE & NSE has a cautious view on midcap IT and midcap pharma.
Sharmila Joshi of sharmilajoshi.com is of the view that one may hold TVS Motor Company and Persistant Systems.
Here are 20 stocks to buy recommended by Prabhudas Lilladher. Market experts see it to be a well-balanced Budget and expect it to give some legs to the rally on Monday. Ramesh Damani, Member, BSE also agrees that it may not be a big bang Budget but it seems like a big bold Budget.
Kunj Bansal of Centrum Wealth Management is of the view that one may look at IT and pharma stocks.