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
In an interview to CNBC-TV18, Mayuresh Joshi, Fund Manager at Angel Broking shared his readings and outlook on specific stocks and sectors.
DLF, one of the country's largest realty developers, has entered into an exclusive pact with private equity firm GIC to sell a minority stake sale in its rental commercial property arm, DLF Cyber City.
Deutsche Bank's largecap picks are Aurobindo Pharma, BPCL, Maruti Suzuki, NTPC, SBI, Shree Cement, Tata Motors, TCS, Tech Mahindra and Vedanta India.
Brokerage house foresees Maruti Suzuki outperforming the PV industry, driven by compact UVs and Baleno. However, two-wheelers could be under pressure as the rural economy is still gradually recovering from demonetisation impact.
Ashwani Gujral of ashwanigujral.com suggests buying DCB Bank, Cadila Healthcare, IndusInd Bank and Grasim Industries.
Morgan Stanley feels any interest in Axis Bank will be based on its retail franchise as it is one of the few banks with a strong retail deposit franchise.
Prakash Gaba of prakashgaba.com is of the view that Maruti Suzuki looks good while one can go long in Tata Steel.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Jindal Steel & Power, HCC and Lloyd Electric and feels that one can buy Maruti Suzuki on declines.
Ajay Srivastava, CEO, Dimensions Corp Fin Services advises buying Maruti Suzuki.
Ashwani Gujral of ashwanigujral.com suggests buying Maruti Suzuki and India Cements while on declines one can buy GAIL India.
SP Tulsian of sptulsian.com, explains why he likes the housing finance space, especially PNB Housing and LIC Housing. He also gives his views on various other stocks like Advanced Enzymes and HPCL.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Maruti Suzuki and buy Infosys and Heritage Food.
Ashwani Gujral of ashwanigujral.com suggests buying EID Parry, PVR and Motherson Sumi Systems.
Ashwani Gujral of ashwanigujral.com suggests buying Tata Steel and Hindalco Industries on dips.
Ashwani Gujral of ashwanigujral.com recommends buying Maruti Suzuki on all sort of declines.
Amisha Vora, Joint Managing Director at Prabhudas Lilladher recommends staying with ITC.
Ashwani Gujral of ashwanigujral.com is of the view that Maruti Suzuki should make new highs.
Watch the interview of Deven Choksey of KRChoksey Investment Managers with Latha Venkatesh, Anuj Singhal, & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Nomura maintains buy call on Maruti with target price increased to Rs 6922 from Rs 6576 per share. It has raised volume estimated by 6 percent/ 5 percent/ 4 percent for FY17/18/ 19 on lower demonetisation impact. It sees a strong volume CAGR of 13 percent over FY17-19.
SP Tulsian of sptulsian.com is positive on banks and his prime picks are Yes Bank, Kotak Mahindra Bank and RBL Bank. He also expects a path breaking Budget this time.
Shahina Mukadam, Independent Market Expert is of the view that one may hold Maruti Suzuki.
Ashwani Gujral of ashwanigujral.com is of the view that Maruti Suzuki can hit all-time high of Rs 5970 and is one of the best auto stocks.
Yogesh Mehta of Motilal Oswal Securities is of the view that one can sell Maruti Suzuki, Lupin and Tata Consultancy Services and buy ONGC.
JP Morgan is overweight on USL with target at Rs 2500 per share as operating performance better than expectations despite demonetisation. It continues to deliver on its strategic intent of focusing on premium.brands. It says franchise model for select popular brands will improve operating model.
Rakesh Bansal of RK Global is of the view that one may buy Maruti Suzuki with a target of Rs 5800.