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
Morgan Stanley maintains overweight target on Maruti with target price at Rs 5899 per share as bookings improved in December.
Sanjiv Bhasin of IIFL is very bullish on SBI, Maruti Suzuki, UltraTech Cement, Hindalco Industries and Tata Consultancy Services.
Sudarshan Sukhani of s2analytics.com suggests selling Just Dial and Jet Airways and prefers Maruti Suzuki and Eicher Motors.
According to Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities, one can buy Maruti Suzuki and sell Bank of Baroda while he feels that IRB Infra may test Rs 181.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Maruti Suzuki and sell Dish TV and JSW Steel while ignore Panacea Bio.
Sudarshan Sukhani of s2analytics.com recommends buying BHEL and Asian Paints and advises staying away from Cipla.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Engineers India and Maruti Suzuki and sell Aurobindo Pharma, Jubilant Foodworks and PFC.
Sandeep Wagle of powermywealth.com recommends buying Maruti Suzuki and Engineers India and advises selling Axis Bank.
Ashwani Gujral of ashwanigujral.com recommends selling Bajaj Auto and Maruti Suzuki and advises buying Tata Motors.
Valuations of Glenmark look attractive, Macquarie says, adding it is one the top picks in pharma space with a target of Rs 1,350.
Nomura has upgraded Axis Bank to buy from neutral with increased target price at Rs 550 (from Rs 540 earlier) as asset quality risks priced in.
According to Ashwani Gujral of ashwanigujral.com, one can buy Hexaware Technologies and Maruti Suzuki and sell Coal India.
Ashwani Gujral of ashwanigujral.com is of the view that Mindtree looks good and feels that one may stay with the IT space.
CLSA has handpicked six stocks for 2017 to play consumption, value and earnings visibility. The brokerage firm believes slowdown due to demonetisation is unlikely to last materially beyond March 217 and the stocks fallen due to the scare offer good buying opportunities.
Mitesh Thacker of miteshthacker.com recommends buying Maruti Suzuki and Mahindra & Mahindra.
Market expert SP Tulsian of SPTulsian.com told CNBC-TV18 that he is positive on Maruti Suzuki and from a valuation perspective it becomes a very good buy at sub-Rs 5,000 levels. He expects the carmaker‘s sales to be not as impressive as November‘s.
SP Tulsian bets on Maruti, says if the stock price falls to around Rs 5,000 then it is a buy and if it comes to a level of about Rs 5,300 then there is no harm in booking profits.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC, Maruti Suzuki and Bajaj Finance.
According to Rajat Bose of rajatkbose.com, one can go long in MCX India, Bharat Financial Inclusion and Maruti Suzuki.
In an interview to CNBC-TV18, Prakash Diwan of Altamount Capital Management, spoke about his reading of the market and his outlook on various stocks.
Sanjiv Bhasin of IIFL is of the view that one can pick UltraTech Cement, State Bank of India and Dr Reddy's Labs.
Sanjiv Bhasin of IIFL is of the view that one may prefer Asian Paints, Maruti Suzuki, Bajaj Auto, Tata Global Beverage and United Spirits.
According to Sudarshan Sukhani of s2analytics.com, one can buy Lupin and Texmaco Rail and feels that one can buy ONGC and Maruti Suzuki on dips.
Ashwani Gujral of ashwanigujral.com recommends sellling Maruti Suzuki and feels that India Cements may test Rs 90-92 and Bharat Financial Inclusion may hit Rs 600.
With maintaining Maruti Suzuki, Eicher Motors and Tata Motors as preferred picks in auto sector, Nomura said for Tata Motors, China luxury tax impact on EBITDA is likely to be less than 1 percent even if around 20 percent of buyers switch from Range Rover to Range Rover Sport.