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 Ashwani Gujral of ashwanigujral.com, one can buy Eicher Motors, Ambuja Cements and Maruti Suzuki.
Gaurav Bissa of LKP Securities is of the view that one can buy Maruti Suzuki and Aditya Birla Nuvo and sell Tata Elxsi.
Rajat Bose of rajatkbose.com is of the view that one can buy Maruti Suzuki and Just Dial may test Rs 504.
Rajat Bose of rajatkbose.com feels that Maruti Suzuki may move to Rs 5400.
According to AK Prabhakar of IDBI Capital, Maruti Suzuki is looking good for investment.
Vijay Chopra of enochventures.com is of the view that one may buy Maruti Suzuki with a target of Rs 5000.
Success of Baleno (a premium small car), Ciaz (a sedan) and Vitara Brezza (an urban SUV) has taken the company to leadership position in all segments except rural SUVs and significantly improved Maruti‘s long-term market share outlook.
Chandan Taparia of Anand Rathi Securities is of the view that one can buy Cipla, Maruti Suzuki and Zee Entertainment.
Sandeep Wagle of powermywealth.com is of the view that one can buy Divis Laboratories, Infosys and Maruti Suzuki.
Credit Suisse maintains underperform rating on Idea with target price at Rs 80 per share. It feels merger with Vodafone merger will not be an easy one as both companies are highly leveraged. It adds that any potential merger will have to wait for auction to complete.
Cautious Deutsche Bank has a FY16-19 CAGR target of 5 percent. It feels that while FY17 should see upside from new models, consensus expectations of a recovery during FY18/19 will have to be accompanied by a rebound in entry-level segments.
Bank of America Merrill Lynch reiterates buy call on SBI with target of Rs 300 per share. It feels medium-term merger benefits to outweigh costs. It agrees that swap ratio seems fair and closer to market and below nominal.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Maruti Suzuki, HDFC Bank and Motherson Sumi Systems.
Jai Bala of Cashthechaos.com has a bullish view on auto space including Maruti Suzuki with a target price of more than Rs 5800.
Mitesh Thacker of miteshthacker.com is of the view that one can buy HCL Technologies and sell Maruti Suzuki.
Sudarshan Sukhani of s2analytics.com recommends buying Tata Coffee and expects higher levels in the stock.
HCL Technologies posted good Q1 (FY17) numbers. SP Tulsian of sptulsian.com said that although positive bias can be seen building up for guidance, one shouldn't take a call on a company on its quarterly performance. From technology pack, he prefers Infosys followed by HCL Technologies.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
Sudip Bandopadhyay, Market Expert is extremely bullish on Maruti Suzuki and feels that Eicher Motors can be bought at the current level.
In an interview to Latha Venkatesh & Anuj Singhal on CNBC-TV18, Deven Choksey of KRChoksey Investment Managers feels that Maruti Suzuki is slightly rich valued right now, so maybe one can consider buying it at lower levels when it gives an opportunity during the corrective times.
Prakash Diwan of prakashdiwan.in has a bullish view on Maruti Suzuki and recommends buying the stock on dips.
Sudarshan Sukhani of s2analytics.com recommends buying Bharti Airtel, Maruti Suzuki and HCL Tech.
JK Jain of Karvy Stock Broking recommends buying Maruti Suzuki and Power Grid and advises selling Mahindra & Mahindra Financial Services.
Sandeep Wagle of powermywealth.com recommends buying Power Grid and BHEL and advises selling Glenmark Pharma while Maruti Suzuki may test Rs 4800.
According to Sudarshan Sukhani of s2analytics.com, Larsen & Toubro can be an outperformer and advises buying NTPC.