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 Sandeep Wagle of powermywealth.com, one can buy UPL and Larsen & Toubro and sell Power Grid.
Morgan Stanley has overweight rating on Bharat Financial with target at Rs 1125 per share. It says share price will rise relative to the industry over the next 30 days. Collection efficiency has been progressively improving.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Reliance Infra and Power Grid and buy Hindustan Unilever.
Macquarie says Sun Pharma remains its preferred large-cap pharma pick, as it considers it best positioned to make the speciality transition which is essential for long-term growth.
Sanjiv Bhasin of IIFL is overweight on Engineers India, Power Grid and NBCC.
Ashwani Gujral of ashwanigujral.com recommends buying Balrampur Chini, Union Bank and Canara Bank.
Amit Gupta of ICICIdirect is of the view that HDFC Bank can slip to Rs 1200 while Power Grid may hit Rs 204.
Mitesh Thacker of miteshthacker.com recommends selling JSW Steel, Coal India, Torrent Power and Bharti Airtel.
Sandeep Wagle of powermywealth.com recommends buying Power Grid and Bank of Baroda and sell Coal India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Union Bank and Power Grid and sell IRB Infra, Jubilant Food and LIC Housing.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Bharat Forge, Granules India, Power Grid and SBI and sell Indraprastha Gas.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Apollo Hospitals, IndusInd Bank and Tata Motors and buy HDFC Bank and Power Grid.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Kotak Mahindra Bank, Power Grid, Lupin, Ceat and GAIL India.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Power Grid and sell HCL Tech.
Ashwani Gujral of ashwanigujral.com recommends buying Power Grid and Wipro and advises selling Apollo Tyres.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Havells India and sell Power Grid and Mindtree.
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.
AK Prabhakar of IDBI Capital is of the view that one may prefer AIA Engineering, Bharat Electronics, Castrol and Arvind.
Rajat Bose of rajatkbose.com is of the view that one can buy Cipla, Wockhardt and Power Grid.
Ashwani Gujral of ashwanigujral.com suggests buying Engineers India, Power Grid and Ambuja Cements.
AK Prabhakar of IDBI Capital is of the view that one may prefer Power Grid, Mahindra Holidays and Deepak Fertilizers.
Ashish Kyal of Waves Strategy Advisors advises buying Pricol with a target of Rs 132.
Mitesh Thacker of miteshthacker.com recommends buying Pidilite Industries, Colgate Palmolive and Power Grid.
Gaurang Shah of Geojit BNP Paribas is of the view that one may invest in Rural Electrification Corporation.
AK Prabhakar of IDBI Capital is of the view that one may sell Gammon Infrastructure Projects.