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
According to Shahina Mukadam, Independent Market Expert, one may stay invested in Maruti Suzuki.
Mitessh Thakkar of miteshthacker.com suggests buying UltraTech Cement and Tata Chemicals.
Goldman Sachs maintains buy call on Coal India with a target of Rs 360 per share as increase in coking coal prices augurs well for margins. It is expecting 5-13 percent higher EBITDA for FY17-19. It forecasts 7 percent production CAGR over the next ten years.
Sanjiv Bhasin of IIFL recommends buying Maruti Suzuki and Tata Motors on declines.
According to Ambareesh Baliga, Independent Market Expert, Maruti Suzuki is a good trading pick.
Rajat Bose of rajatkbose.com is of the view that one may buy BGR Energy, Deep Industries and Maruti Suzuki.
In an interview to CNBC-TV18‘s Latha Venkatesh, Anuj Singhal and Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Deutsche Bank expects the market to move in a narrow range during 2017, with recovery likely in the latter part of the year. It says unless the union Budget surprises positively with a tax induced fiscal stimulus, the market is likely to mirror the movement seen in Q416.
Deutsche Bank‘s midcaps top picks are CESC, Petronet LNG, Ramco Cements, REC, Shriram Transport and UPL. Among top large caps, its picks are Aurobindo, BPCL, Maruti, NTPC, SBI, Shree Cement, Tata Motors, TCS, Tech Mahindra, Vedanta India and YES Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Maruti Suzuki, IGL and BHEL and sell Kaveri Seed Company.
Rajat Bose of rajatbose.com recommends buying Maruti Suzuki on any dip while Yes Bank can scale up to Rs 1207.
Sudarshan Sukhani of s2analytics.com is of the view that Maruti Suzuki buying opportunity and advises avoiding banks.
Goldman Sachs retains buy call on Bharti as recent correction offers attractive entry point. It says new offer may help Bharti to gain some subscriber market share. It says Vodafone and idea may come up with similar plans in the near future.
Rajesh Kothari of AlfAccurate Advisors has a positive view on passenger car industry including Maruti Suzuki.
In an interview to CNBC-TV18, Prakash Diwan, Market Expert at Altamount Capital Management shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com suggests buying Bajaj Auto at lower levels and prefers Eicher Motors and Maruti Suzuki.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Harendra Kumar of Elara Capital shared his reading and outlook on the market and also gave recommendations on various stocks.
CLSA says SBI's lending rate cut can lift growth at lower margins. It adds that lower rates could regain growth & help regain some share from bond markets. It feels the move is negative for margins but applies to incremental loans.
VK Sharma of HDFC Securities recommends buying Maruti Suzuki 5500 Call, Eicher Motors 2200 Call and Vedanta 220 Call.
Hemant Thukral of Aditya Birla Money is of the view that one can buy Maruti Suzuki, Bharat Financial Inclusion and Tech Mahindra.
In an interview to CNBC-TV18's Reema Tendulkar and Prashant Nair, P Phani Sekhar, Fund Manager at Karvy Stock Broking shared his reading and outlook on the fundamentals of the market.
Sudarshan Sukhani of s2analytics.com recommends buying Reliance Industries, TCS and Maruti Suzuki.
Sudarshan Sukhani of s2analytics.com recommends buying Maruti Suzuki and Adani Ports and also Nifty on dips.
Mitesh Thacker of miteshthacker.com suggests buying Maruti Suzuki, Dr Reddy's Labs and Ambuja Cements and advises selling DLF.
Ashwani Gujral of ashwanigujral.com recommends buying Century Textiles, Maruti Suzuki, Sonata Software, Reliance Industries and CESC.