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
Kunal Saraogi of Equityrush advises buying Apollo Hospitals Enterprises with a target of Rs 1190 and Mahindra & Mahindra Financial Services with a target of Rs 316.
Vishal Malkan of malkansview.com recommends buying Ranbaxy Laboratories and IRB Infra.
Sudarshan Sukhani of s2analytics.com advises buying Ranbaxy Laboratories at current levels.
According to Prakash Agarwal, Equity Analyst at CIMB, one may hold Ranbaxy Laboratories.
CK Narayan, Managing Director at Growth Avenues is of the view that one may buy Lupin above Rs 1400.
Meghana V Malkan of malkansview.com recommends selling Adani Enterprises with a target of Rs 475 and CESC with a target of Rs 748.
Meghana V Malkan, malkansview.com advises buying Ranbaxy Labs for a target price of Rs 615 and selling Reliance Capital for a target price of Rs 495.
Jyotivardhan Jaipuria, Head of Research, BofA ML is neutral on pharma space.
Manas Jaiswal of manasjaiswal.com recommends buying Ranbaxy Laboratories as the stock may touch Rs 680 in next two to three trading sessions.
Akshata Deshmukh, Chief Strategist-Trading at Networth Stock Broking is of the view that one may hold Ranbaxy Laboratories with a target of Rs 750-770.
Hemen Kapadia of KR Choksey Securities is of the view that one may hold Ranbaxy Laboratories.
Ashu Madan of Religare Securities is of the view that one may hold Ranbaxy Laboratories.
Hemant Thukral of Aditya Birla Money recommends adding Ranbaxy Laboratories as the stock may head towards Rs 650-660.
According to Sushil Kedia of CIMB, one may short Ranbaxy Laboratories and banking stocks like Bank of Baroda, Punjab National Bank, State Bank of India and even ICICI Bank.
Ranjit Kapadia, pharma analyst of Centrum Broking suggests selling Ranbaxy Laboratories with a target Rs 270.
Hemen Kapadia of KR Choksey Securities advises selling Ranbaxy Laboratories with a target of Rs 349 and Mcleod Russel (India) with a target of Rs 278.
Following are the stocks that CNBC-TV18‘s research team wants you to focus on - ICICI Bank, Maruti Suzuki, Reliance Industries, Tata Power, Reliance Infra, HCL Info , Jet Airways, Gati, Ranbaxy, Autoline Ind.
Sudarshan Sukhani of s2analytics.com is of the view that one may short Ranbaxy Laboratories as the stock may head lower.
According to CNBC-TV18‘s research team following are the stocks to focus on Dr Reddy's, BPCL, Ranbaxy, Dishman Pharma, Bank of Baroda, Ashok Leyland, Jaiprakash Assoc, Crompton Greaves, Eicher Motors and Infotech Ent.
Sharmila Joshi of sharmilajoshi.com is of the view that one may avoid Ranbaxy Laboratories and prefer Biocon, Ipca Laboratories and Cipla from the pharmaceutical space.
Anish Damania of IDFC Securities is neutral on Ranbaxy Laboratories. "Newsflow continues to remain negative," he adds,
SP Tulsian of sptulsian.com is of the view that one may remain invested in Ranbaxy Laboratories.
Sudarshan Sukhani of s2analytics.com recommends buying Ranbaxy Laboratories.
According to Phani Sekhar of Angel Broking, one may avoid Ranbaxy Laboratories.
According to Sudarshan Sukhani of s2analytics.com, one may avoid Jaiprakash Associates and Ranbaxy Laboratories.