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 can buy Aptech, Mastek and Polaris Consulting & Services.
Ashish Kyal of Waves Strategy Advisors advises buying MMTC with a target of Rs 60.
Shahina Mukadam, Independent Market Expert suggests buying JK Tyres with a target of Rs 86.
Jagannadham Thunuguntla, Head of Research at Karvy Stock Broking has a bullish view on eClerx Services and Polaris Consulting & Services.
Rahul Jain, vice president, Systematix shares and stocks, says due to attractive valuations at current price level, he is quite positive on the TCS stock and has a buy rating on it with a target price of Rs 2850 per share
Hemen Kapadia of KRChoksey Securities advises buying Axis Bank & Larsen and Toubro on declines.
Sudarshan Sukhani of s2analytics.com is of the view that IT stocks are buying opportunities and prefers Mindtree and Polaris Consulting & Services from the midcap IT space.
Nooresh Merani of Analyse India recommends buying Tata Motors and Polaris.
Here's a list of top 10 stocks due to its exports duty cut and earnings.
Here are top 10 stocks to keep an eye on January 23 - ICICI Bank, Axis Bank, Cairn India, Prestige Estates, Biocon, Ipca Labs, Polaris, Phillips Carbon, Mahindra Holidays and HCL Infosystems.
Here are top 10 stocks to focus on December 18 - ICICI bank, ONGC, Gati, Shoppers Stop, Future Retail, ITC, Polaris, PC Jeweller, Godrej Industries and Prism Cement.
Shashi Bhusan of Prabhudas Lilladher feels there is still more upside for Polaris on the back of improvement in demand coming from Banking, Financial services and Institutions (BFSI) segment.
SP Tulsian of sptulisan.com has a bullish stance on the real estate space and feels that DLF, Prestige Estate, Brigade Enterprise and Indiabulls Real Estate may give good returns.
Vishal Malkan of malkansview.com is of the view that Polaris Financial Technology may test Rs 200-210 in the short-term.
According to Prakash Diwan, director, Altamount Capital Management, one may buy Polaris Financial Technology at the current levels.
Pritesh Mehta of IIFL is of the view that one may buy Polaris Financial Technology.
Sharmila Joshi of sharmilajoshi.com recommends buying KPIT Technologies with a target of Rs 184 and Polaris Financial Technology with a target of Rs 150.
Sharmila Joshi of sharmilajoshi.com advises buying LIC Housing Finance for a target price of Rs 215 and Hexaware Technologies for a target price of Rs 144.
Shahina Mukadam of Varun Capital recommends buying Tata Communications with a target of Rs 325 and advises selling Reliance Communications with a day target of Rs 125.
Nooresh Mirani of Analyse India advises buying Sun Pharma for a target price of Rs 620 and Jyoti Structures for a target price of Rs 35.
Pritesh Mehta, technical analyst at IIFL recommends buying Polaris Financial Technology as the stock may test Rs 145.
Sharmila Joshi of Peerless Securities recommends buying Dish TV India with a target of Rs 54.50 and Aurobindo Pharma with a target of Rs 226.
Pankaj Jain of Sunteck Wealthmax Capital advises buying Aurobindo Pharma with a target price of Rs 227 and DB Realty with a target price of Rs 71.50.
Sudarshan Sukhani of s2analytics.com recommends buying Polaris Financial Technology and advises holding for a few days.
Mehraboon Irani of Nirmal Bang Securities prefers Firstsource Solutions, Polaris Financial Technology in the IT space, Sun Pharma Advanced Research Company in the pharma space and Tata Motors and Motherson Sumi Systems.