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 US FDA‘s decision to revoke the 180-day exclusivity cover extended to Indian firm Ranbaxy to sell a generic version of the world‘s second-largest selling drug esomeprazole is likely to help rival Cipla, according to Vivek Kumar, research analyst, SBICap Securities.
Here are top 10 stocks to focus on January 27 - HDFC, Hindustan Unilever (HUL), Larsen and Toubro (L&T), Bharat Heavy Electricals (BHEL), Ultratech Cement, United Spirits, Shriram Transport, Bharat Electronics (BEL), Max India and Ranbaxy.
VK Sharma of HDFC Securities recommends buying Lupin 1500 call and Ranbaxy Labs 700 Call.
According to Dilip Bhat of Prabhudas Lilladher, one may bet on pharmaceutical space.
Meghana V Malkan of malkansview.com advises buying Ranbaxy with target of Rs 648.
Dipan Mehta, Member at BSE & NSE is of the view that one may prefer pharma stocks.
Here are top 10 stocks to focus on December 16 - Infosys, TVS Motor, Hindustan Petroleum Corporation Limited (HPCL), Indian Oil Corporation (IOC), State Bank of India (SBI), Punjab National Bank (PNB), Tata Power, Adani Power, Jaiprakash Associates and Hindustan Unilever (HUL).
Rahul Mohindar of viratechindia.com is of the view that one may prefer banking and pharma stocks.
With the cloud of uncertainty vanishing from over the deal, traders can look to exploit an arbitrage opportunity between Sun and Ranbaxy shares.
The Competition regulator has given a 6 month window for the divestment process, and only after the divestment is complete will the deal get the final nod. But Surajit Pal believes the divestment process should be done by March.
Here are top 10 stocks to keep an eye on December 9 - Idea Cellular, Opto Circuits, Karnataka Bank, Sun Pharma, Ranbaxy, Spicejet, OnMobile Global, Bajaj Finserv, Max India and Cadila Health.
Here are top 10 stocks to focus on December 4 - Ashok Leyland, Apollo Tyres, NBCC, HDFC Bank, ICICI Bank, MBL Infra, SAIL, Ranbaxy, Dr Reddy's and Sadbhav Engineering.
Here are top 10 stocks to keep an eye on November 20 - Axis Bank, Wockhardt, DLF, Ranbaxy, Alok Industries, Kotak Mahindra Bank, ING Vysya, Hindalco, Jindal Steel and Pennar Industries.
Meghana Malkan of malkansview.com suggests buying Ranbaxy Laboratories with a target of Rs 702-712 and UPL with a target of Rs 371-380.
Purely from a short-term point of view there might not be too much of significant run up but purely on a fundamental basis Sun Pharma looks fairly strong, does warrant a presence in portfolios, has a fair amount of institutional investment as well, says Nipun Mehta.
Market experts Nipun Mehta and Dilip Bhatdo see no negatives for Sun Pharma if the Ranbaxy deal goes through.
Vishal B Malkan of malkansview.com is of the view that one can buy Adani Ports for a target price of Rs 315 and Indiabulls Real Estate for a target price of Rs 82.
Vishal B Malkan, malkansview.com advises buying IRB Infrastructure for a target price of Rs 285 and Ranbaxy Labs for a target price of Rs 720.
Vishal B Malkan of malkansview.com recommends buying Ranbaxy Laboratories for a target price of Rs 735 and Oriental Bank of Commerce for a target price of Rs 310.
Manav Chopra, Nirmal Bang advises buying Bharat Forge for a target price of Rs 870 and Adani Power for a target price of Rs 54.
Meghana Malkan of malkansview.com advises buying Ranbaxy Laboratories with a target of Rs 690-710 and IRB Infrastructure Developers with a target of Rs 272-278.
Deven Choksey of KR Choksey Shares is of the view that one can buy Ranbaxy Laboratories at lower level.
Surajit Pal, pharma analyst, Prabhudas Lilladher, expects Teva, Mylan, Sandoz and Dr Reddy‘s Laboratories to benefit from this loss.
Here are top 10 stocks to keep an eye on November 7 - Ranbaxy, DLF, Bata, Cadila, Cummins, Ramco Cements, Ashok Leyland, Canara Bank, Escorts and HDFC Bank.
Phani Sekhar, Fund Manager-PMS at Angel Broking is of the view that one may invest in Ranbaxy Laboratories.