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 Manishi Raychaudhuri, Asia-Pacific Strategist at BNP Paribas, one may look at Power Grid Corporation.
Parag Thakkar of HDFC Securities has a bullish stance on Power Grid Corporation of India.
VK Sharma of HDFC Securities is of the view that one may buy Power Finance Corporation 230 Call and Power Grid Corporation 132.5 Call.
Vishal Malkan of malkansview.com advises buying Dish TV India with a target of Rs 112.
Parag Thakkar of HDFC Securities likes NTPC and Power Grid Corporation of India.
Amit Khurana, Co- Head Equities & Head of Research at Dolat Capital Market is of the view that one can look at NTPC and Power Grid.
Mayuresh Joshi of Angel Broking likes Axis Bank and ICICI Bank from the private banking space and Infosys from the IT space. 'We also like Transport Corporation of India, Inox Wind and Bajaj Electricals," he added.
Parag Thakkar of HDFC Securities is of the view that there is great value emerging in NTPC and Power Grid.
Sudarshan Sukhani of s2analytics.com is of the view that one may stay invested in Lupin and Power Grid Corporation of India with a view of 3-5 years.
Parag Thakkar of HDFC Securities is of the view that UltraTech Cement and Larsen & Toubro are good bets.
Parag Thakkar of HDFC Securities is of the view that one may stay with safer names like Power Grid Corporation of India.
Parag Thakkar of HDFC Securities is of the view that Power Grid Corporation has good value considering the uncertainties in the market from the global perspective.
Sameet Chavan, technical analyst at Angel Broking is of the view that Power Grid Corporation of India has potential to test Rs 149-150.
According to Ashish Chaturmohta of Fortune Group, one may buy Max India with a target of Rs 600.
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that one may exit MRPL and prefer Tata Motors DVR.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Larsen and Toubro and Power Grid Corporation.
Pritesh Mehta of IIFL feels that Power Grid Corporation of India may slip to Rs 122.
Sudarshan Sukhani of s2analytics.com is of the veiw that one may prefer Power Grid Corporation of India.
Amit Gupta of ICICIdirect has a positive view on Power Grid and feels that GAIL India may hit Rs 400 or even Rs 425.
Manoj Murlidharan of Religare Securities recommends buying IDFC and Power Grid.
Amisha Vora of Prabhudas Lilladher is of the view that one can look at KEC International and Power Grid.
Harendra Kumar of Elara Capital is of the view that one may look at real estate space including Prestige Estates Projects and Brigade Enterprises.
Amit Gupta of ICICIdirect is of the view that Power Grid may rise by Rs 15-20.
Pritesh Mehta of IIFL recommends buying Tata Chemicals, Adani Ports and Power Grid.
Sudarshan Sukhani of s2analytics.com recommends buying Power Grid Corporation of India on dips.