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 may buy Balkrishna Industries, Prestige Estates and Edelweiss Financial.
Ashwani Gujral of ashwanigujral.com recommends buying Balkrishna Industries, UltraTech Cement, Bata India, Dewan Housing Finance, Just Dial and Prestige Estates.
IRB Infra, CESC and Rain Industries, among others, are being tracked by investors on Thursday.
Ashwani Gujral of ashwanigujral.com recommends buying Prestige Estates, MOIL, TVS Motor, Kotak Mahindra Bank and Bata India.
Kunal Saraogi of Equityrush is of the view that one may buy PVR with a target of Rs 1430.
Ahead of the The Researve Bank of India's monetary policy meeet, interest rate sensitive stocks including the likes of real Estate, NBFCs and auto stocks were trading in the green while banking stocks were mixed with SBI trading positive and ICICI Bank, HDFC Bank and Axis Bank in the red.
Prestige Estates is expected to show growth of earnings per share (EPS) at coupound annual growth rate (CAGR) of 40 percent over FY17-19 while on the other hand return on equity (RoE) is set to rise to 10 percent in FY19.
L&T, DLF, MRF and Prestige Estates, among others, are being tracked by investors on Friday.
Ashwani Gujral of ashwanigujral.com recommends buying Prestige Estates, BEML and Somany Ceramics.
Gaurang Shah of Geojit Financial Services is of the view that one may look at Prestige Estates Projects.
Infosys, Grasim and Avenue Supermarts, among others, are being tracked by analysts on Monday.
Biocon, Apollo Hospitals and Bharti Infratel, among others are being tracked by investors on Thursday.
Jay Thakkar of Anand Rathi Securities advises buying Kajaria Ceramics with a and target of Rs 706.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Gujarat Fluorochemicals and Prestige Estates and advises selling Bank of Baroda and ONGC.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, Prestige Estates and Gujarat Fluorochemicals.
Ashwani Gujral of ashwanigujral.com advises buying Godrej Industries, Prestige Estates, L&T Finance, Century Plyboards and Edelweiss Financial Services.
Sumeet Jain of Destimoney Securities is of the view that one may buy Rajesh Exports with a target of Rs 686.
Sumeet Jain of Destimoney Securities is of the view that one may sell Just Dial with a target of Rs 383.
Gaurang Shah of Geojit Financial Services is of the view that one may prefer Godrej Properties and Prestige Estates Projects.
Jay Thakkar of Anand Rathi is of the view that one may buy Prestige Estates Projects with a target of Rs 267.40.
Mitessh Thakkar of miteshthacker.com suggests buying Prestige Estates and Hindustan Zinc.
Mitessh Thakkar of miteshthacker.com suggests buying ACC, Balkrishna Industries, DCB Bank, Prestige Estates and Polaris Consulting.
Prestige Estates, Thermax, and United Spirits, among others are on the radar of investors on Thursday
Ashwani Gujral of ashwanigujral.com recommends buying NBCC, Prestige Estates and Gujarat State Fertilisers.
Sudarshan Sukhani of s2analytics.com recommends buying HDFC Bank, Larsen & Toubro and BHEL.