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
Ranbaxy is looking better pick in pharma space, says Kunal Bothra of LKP.
Ranbaxy Laboratories has target of Rs 520-530, says Prashastha Seth, Senior VP IIFL Private Wealth, IIFL.
Ranbaxy can touch Rs 520, says Rakesh Gandhi, LKP.
Ranbaxy Laboratories can add 10% in the short term , says Jai Bala, Chief Market Technician, Cashthechaos.com.
Buy Ranbaxy on 14-15% correction, says Ambareesh Baliga, COO, Way2Wealth.
Ranbaxy Laboratories has target of Rs 451, says Jagannadham Thununguntla, Head of Research, SMC Global.
Phani Sekhar, Fund Manager, Angel Broking is of the view that stay invested in Ranbaxy Laboratories with longer-term perspective.
Sushil Kedia, FRM, CAIA, CMT, President - Association of Technical Market Analysts (ATMA) feels that Ranbaxy Laboratories can add another Rs 100 from current level.
Ranbaxy Labs may slip to Rs 400, says Mitesh Thacker, Technical Analyst, miteshthacker.com.
Avoid taking positions in Ranbaxy Labs, says Rakesh Gandhi, Sr Technical Analyst, LKP.
Ranbaxy Laboratories is looking expensive at these levels, says Bino Pathiparampil, Vice President of IIFL Capital.
See some more pain in Ranbaxy Laboratories, says Hemant Thukral, SBI Securities.
Ignore Ranbaxy Laboratories, says Ambareesh Baliga, Karvy Stock Broking.
Ranbaxy Laboratories can slip to Rs 440-445, says Shardul Kulkarni, Angel Broking.
Accumulate Ranbaxy Laboratories, says Phani Sekhar, Fund Manager, Angel Broking.
Ranbaxy Laboratories can add 30-35%, says Dilip Bhat, Joint MD, Prabhudas Lilladher.
Pick Ranbaxy and Cipla for long term, says Kunal Bothra of LKP.