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
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Asian Paints while he feels that Bharat Forge may test Rs 750-770.
Ashwani Gujral of ashwanigujral.com recommends buying Maruti Suzuki, ICICI Bank, Arvind, Glenmark Pharma and Tata Communications and advises selling ONGC.
Parag Thakkar of HDFC Securities is of the view that one can buy Kotak Mahindra Bank and Maruti Suzuki.
Rajat Bose of rajatkbose.com recommends buying Ceat and Maruti Suzuki India.
In an interview to CNBC-TV18 Deven Choksey of KRChoksey Investment Managers shared his reading and outlook on the market and also gave recommendations on various stocks.
Macquarie has neutral call on Tech Mahindra but reduced target price to Rs 465 from Rs 502 per share. Pick-up in revenue and margin in arms could help the stock get re-rated.
Rajat Bose of rajatkbose.com recommends buying Dr Reddy's Laboratories and Maruti Suzuki.
Ashwani Gujral of ashwanigujral.com recommends buying Maruti Suzuki and Tata Chemicals and advises selling Asian Paints.
Here are stocks that brokerage firms recommend for long term. Nomura maintains buy on Maruti with increased target price to Rs 6630 from Rs 5581 per share as its premiumisation strategy is paying off with rich dividends.
Mitesh Thacker of miteshthacker.com is of the view that one can buy BHEL, Arvind, Maruti Suzuki and Jindal Steel.
Rajat Bose of rajatkbose.com recommends buying Maruti Suzuki with a target of Rs 5798 while he feels that Petronet LNG looks weak.
Nomura reiterates buy on YES Bank with a target price of Rs 1510 per share. Retail momentum building plus asset quality performance better than peers
Ashwani Gujral of ashwanigujral.com recommends buying GSFC, Century Plyboards, VIP Industries, Unichem Laboratories and Indiabulls Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy GNFC, Century Textiles, Bajaj Auto and Hero MotoCorp and sell Petronet LNG.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Maruti Suzuki, Amara Raja Batteries and Reliance Industries and buy Tata Steel.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Engineers India and sell Havells India and Apollo Tyres.
Here are 8 stocks that brokerage firms are focussing on as Q2 results start. Jefferies has buy rating on Infosys with target price cut to Rs 1280 per share from Rs 1350 per share but strong performance is let down by lackluster guidance. It says reasonable valuation, growth pick up post second half justifies buy rating.
Parag Thakkar of HDFC Securities has a bullish stance on Infosys, HCL Tech and Persistent Systems.
Vijay Chopra of enochventures.com is of the view that one may look at auto, pharma and cement stocks post correction.
Ashwani Gujral of ashwanigujral.com reccommends buying Apollo Tyres, SRF and Maruti Suzuki.
Bankex gained around 0.4 percent with SBI gaining 2 percent while ICICI Bank was up 1 percent from previous close on expectations that to rate cut may lead to lower rates for housing EMIs, car loans and corporate borrowing.
In an interview to CNBC-TV18, Prakash Diwan of Altamount Capital Management shared his readings and outlook on specific stocks and sectors.
Here are top stock picks from auto, telecom and oil & gas space. CLSA upgrades Tata Steel to buy from sell with target price of Rs 500 and upgrades JSW Steel to buy from sell with target price at Rs 2400 per share.
In an interview with CNBC-TV18, market expert SP Tulsian listed his stock picks and shared his market outlook.
Morgan Stanley is overweight on Maruti with target at Rs 5169/share as checks suggest that discounts have come off sequentially. It says leverage gains will offset forex headwinds. EBITDA margin should rise to 15.4 percent in Q2 from 14.8 percent in Q1 and expects compaby to post EBITDA of Rs 2780 crore and profit of Rs 1810 crore in Q2.