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
The S&P BSE Midcap index was down 0.76 percent and S&P BSE Largecap Index shed 0.78 percent, while Smallcap Index was up 0.48 percent last week.
RBL Bank is likely to see improving return profile over the next couple of years, due to improving advances & loan mix, higher CASA, lower cost ratios and improving asset quality
We have a buy recommendation for Prabhat Dairy which is currently trading at Rs. 149.40, says Dinesh Rohira of 5nance.com.
The Nifty has been hitting higher lows for the last 9 trading sessions, with supports are gradually shifting higher, which is a bullish sign.
The weekly relative strength index (RSI) inched higher to 64 levels, indicating a positive divergence in the price. The weekly moving average convergence divergence, which is placed at 135, continued to trade above the signal line.
Rajesh Agarwal of AUM Capital recommends buying Infosys with stop loss at Rs 1290 and target of Rs 1349, Bajaj Finance with stop loss at Rs 2430 and target of Rs 2518 and Titan Company with stop loss at Rs 825 and target of Rs 855.
We expect the company's net revenue and PAT to grow by 13.5 percent and 18.6 percent CAGR over FY18-FY20E.
"We expect the Nifty to consolidate within a broader range of 10,300–10,600 amid stock specific action as we are going through the Q4 earnings season," says Dharmesh Shah of ICICI Direct.com.
Ashwani Gujral of ashwanigujral.com advises buying Jubilant Foodworks, Escorts and Tata Sponge.
Ruchit Jain of Angel Broking recommends buying Natco Pharma with a stoploss at Rs 995 and target of Rs 1080 and a buy on GHCL with a stoploss at Rs 286 and target of Rs 327.
According to Sudarshan Sukhani of s2analytics.com, one may buy Parag Milk, Prabhat Dairy and Hexaware.
Edelweiss has maintained its buy call on Prabhat Dairy with a target price of Rs 211 per share, implying 32 percent potential upside over its Monday's closing price.
SIS, HPCL and Heritage Foods, among others, being tracked by analysts on Tuesday.
Moneycontrol analyzed the fundamental parameters of some of India’s most renowned dairy companies over a five-year period to determine the best performers across a series of financial variables.
Sudarshan Sukhani of s2analytics.com is of the view that one can short Punjab National Bank and can buy Aurobindo Pharma, Dr Reddy's Laboratories and Prabhat Dairy.
The single tax would replace 17 indirect tax levies and improve taxation efficiency. Most goods are placed under the four slabs of services tax i.e. 5, 12, 18 and 28 percent.
Mehraboon Irani of Nirmal Bang Securities has a positive view on HDFC Bank and IndusInd Bank.
Prakash Gaba of prakashgaba.com is of the view that one may hold Prabhat Dairy.
Avinash Gorakshakar, Market Expert is of the view that Prabhat Dairy is looking good for long term.
Vijay Chopra of enochventures.com is of the view that one may hold Prabhat Diary.
According to Rajat Bose of rajatkbose.com, one may hold Bank of India and Prabhat Dairy.
Shahina Mukadam, Independent Market Expert advises buying Prabhat Dairy on declines.
Ruchit Jain of Angel Broking advises buying United Spirits with a target of Rs 2525.
Ashish Kyal of Waves Strategy Advisors suggests buying Raymond with a target of Rs 670.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Hindalco, IDBI Bank, Adani Ports, Syngene, Mandhana Industries, Bharat Financial Inclusion and Prabhat Diary.