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
Sharekhan maintains a buy rating on Maruti Suzuki and raised its 12-month target price to Rs 11,085 from Rs 10,170 earlier post Q3 results.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Cipla, IndusInd Bank, Maruti Suzuki and Apollo Tyres and can sell India Cements.
Ashwani Gujral of ashwanigujral.com recommends buying UltraTech Cement, Maruti Suzuki, PVR, Havells India and Indraprastha Gas.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Indiabulls Housing Finance, Maruti Suzuki, UPL and Kotak Mahindra Bank and can sell Raymond and KPIT Tech.
The liquidity drive which pushed benchmark indices to record highs also pushed many stocks especially in the small and midcap space to valuations beyond their historic averages.
Rajat Bose of rajatkbose.com is of the view that one can sell Zee Entertainment and buy Maruti Suzuki.
CLSA believes the competition should remain high in 2-wheelers & trucks but it is easing in passenger vehicles.
Credit Suisse has an Outperform rating for Tata Steel with target price at Rs 830 per share and JSW Steel with target at Rs 300, but has a neutral rating for Jindal Steel & Power with target price at Rs 150.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Adani Ports and sell Maruti Suzuki and Voltas.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Maruti Suzuki, Tech Mahindra and NTPC and can sell Equitas Holdings.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell JP Associates and Hexaware Technologies and can buy ONGC.
Meanwhile, in case of Eicher Motors, the December output could have been impacted by capacity transitioning at Thiruvottiyur.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Bharat Heavy Electricals with a stop loss of Rs 92.9 for target of Rs 100 and advises selling State Bank of India with a stop loss of Rs 312 and target of Rs 296 and a sell also on Kotak Mahindra Bank below Rs 993 with stop loss of Rs 1011 for target of Rs 965.
Yogesh Mehta, Vice President-Equity Advisory at MOSL is of the view that one may buy Bajaj Auto and Maruti Suzuki on dips.
Rajat Bose of rajatkbose.com feels that Maruti Suzuki may test Rs 9765.
Sudarshan Sukhani of s2analytics.com advises buying Biocon, Havells and Maruti Suzuki.
Prakash Gaba of prakashgaba.com suggests buying Dabur India and Maruti Suzuki.
Bharti Airtel, Maruti and ONGC, among others, are on investors’ radar on Wednesday.
Rajat Bose of rajatkbose.com recommends buying Maruti Suzuki and Tata Elxsi.
Prakash Gaba of prakashgaba.com is of the view that ICICI Bank can climb to Rs 320 while Maruti Suzuki may test Rs 9450.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy BPCL, HPCL, Yes Bank, Colgate Palmolive and Maruti Suzuki and can sell Bharti Infratel.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Motilal Oswal, BPCL and Tata Global.
Watch the interview of SP Tulsian of sptulsian.com with Anuj Singhal, Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on fundamentals of market and specific stocks.
CLSA has maintained its buy rating on Arvind with increased target price at Rs 538 (from Rs 440 per share) but reduced FY18/19 EPS estimates by 16/2 percent.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy ITC with long term view.