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
Punj Lloyd and Century Textile look good, says Rakesh Gandhi, LKP.
Manoj Murlidhar, AVP-Derivaties, IIFL PReMIA is of the view that Punj Lloyd has resistance at Rs 74.
Devangshu Dutta, Consulting Editor of Outlook advised going long on Punj Lloyd. He feels that stock can go upto Rs 69-70.
On CNBC-TV18's new show Super Six, market gurus Hemant Thukral of SBI Capital Securities, technical analyst at viratechindia.com Hemen Kapadia and Devangshu Dutta, Consulting Editor of Outlook, place their bets on two stocks each.
Abhineet Anand, Analyst, Antique Stock Broking view on Punj Lloyd.
Ambareesh Baliga, COO, Way2Wealth says that, we had told people to exit quite some time back because of the political connections.
VK Sharma, Head-Private Broking & Wealth, HDFC Securities one can buy Punj Lloyd with long term perspective.
Punj Lloyd a decent bet from short term perspective, says Shardul Kulkarni, Angel Broking.
Shardul Kulkarni of Angel Broking has recommended buying Punj Lloyd above Rs 64.
On CNBC-TV18's new show Super Six, market gurus chartpundit.com's Hemen Kapadia, technical analyst at viratechindia.com Rahul Mohinder and Angel Broking's Shardul Kulkarni, place their bets on two stocks each.
Amisha Vora, Joint Managing Director, Prabhudas Lilladher feels that, infra stocks will keep hovering around here for some more time.
Buy Canara Bank at current level, says Siddharth Bhamre of Angel Broking.
Siddharth Bhamre of Angel Broking feels that formation of short positions seen in infra stocks.
Anil Manghnani of Modern Shares & Stock Brokers is of the view that Punj Lloyd has strong resistance at Rs 70-73.
Prefer infra stocks to realty, says PN Vijay, Portfolio Manager.
Rahul Mohindar, viratechindia.com feels that Punj Lloyd may see 8-10% decline.
Mehraboon Irani, Principal and Head- Pvt Client Group Business, Nirmal Bang Securities is negative on Punj Lloyd.
The next two quarters looks very crucial for Punj Lloyd and if they are able to post the similar kind of performance then one can change the view of slight positive or maybe the buy rating on the stock from thereon, says Investment Advisor, SP Tulsian.
Rajesh Jain, Independent Market Strategist feels that there are better picks available in the capital goods.
Buy Wockhardt, says Hemen Kapadia, chartpundit.com.
Invest in Punj Lloyd with a target of Rs 72, says Rahul Mohindar of Viratechindia.
Sell Punj Lloyd at every rise, says PN Vijay, Portfolio Manager.
PN Vijay, Portfolio Manager, www.askpnvijay.com view on Punj Lloyd.
Rahul Mohindar, viratechindia.com is negative on GMR Infra.
Punj Lloyd has target of Rs 72, says Rahul Mohindar, viratechindia.com.