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
Chandan Taparia of Anand Rathi Financial Services has a positive view on Rural Electrification Corporation and Power Finance Corporation and feels that REC may touch Rs 300.
Manas Jaiswal of manasjaiswal.com recommends going long in Rural Electrification Corporation as the stock can test Rs 308.
Manav Chopra of Nirmal Bang recommends buying Aurobindo Pharma for a target price of Rs 985 and Rural Electrification Corporation for a target price of Rs 300.
Vishal B Malkan, malkansview.com advises buying Arvind for a target price of Rs 295 and Aurobindo Pharma for a target price of Rs 950.
Manav Chopra, Nirmal Bang advises buying Kotak Mahindra Bank for a target price of Rs 1,050 and Arvind for a target price of Rs 300.
Hemen Kapadia of KR Choksey Securities suggests buying Tata Chemicals with target of Rs 397 and Rural Electrification Corporation with a target of Rs 265.
Sudarshan Sukhani of s2analytics.com is of the view that Rural Electrification Corporation (REC), Power Finance Corporation Limited (PFC), LIC Housing Finance and the private and public sector banks are the top picks.
Sudarshan Sukhani of s2analytics.com recommends buying IndusInd Bank, Tata Power Company and Rural Electrification Corporation.
AK Prabhakar, Independent Advisor recommends buying Rural Electrification Corporation for a target price of Rs 263 and Mahindra & Mahindra Financial Services for a target price of Rs 315.
Dharmesh Kant, India Nivesh Securities advises buying Ahmednagar Forgings for a target price of Rs 430 and Cadila Healthcare for a target price of Rs 1,460.
Manav Chopra of Nirmal Bang recommends buying Rural Electrification Corporation for a target of Rs 290 and NTPC for a target of Rs 148.
Manav Chopra, Nirmal Bang advises buying Biocon for a target price of Rs 530 and CESC for a target price of Rs 790.
Meghana V Malkan of malkansview.com advises buying Crompton Greaves with a target of Rs 235-242 and India Cements with a target of Rs 126-132.
Vishal Goyal, Executive Director - Leading Banks & Financial Research, UBS expects to see improvement in the asset quality of lenders in the next 18 months.
According to Prakash Diwan, Director of Altamount Capital Management, one may prefer Rural Electrification Corporation Limited and Power Grid Corporation.
Vishal Kshatriya of Edelweiss suggests buying Colgate Palmolive India with target of Rs 1700 and selling Larsen and Toubro with a target of Rs 1430.
Manav Chopra of Nirmal Bang Securities advises buying Rural Electrification Corporation with a target of Rs 300 and Canara Bank with a target of Rs 440.
Sudarshan Sukhani of s2analytics.com recommends buying Rural Electrification Corporation.
Ashish Chaturmohta of Fortune Equity Broker is of the view that one may go long in Rural Electrification Corporation with a target of Rs 227-230.
Sudarshan Sukhani of s2analytics.com recommends buying Rural Electrification Corporation.
With regards to public sector undertaking (PSU) one should look at banks that are well capitalisation, Bank of Baroda and State Bank of India are the ones that stand out. BoB is the best capitalised bank and trades at 0.7 times book says Siddharth Teli of Religare Capital Markets.
Akshata Deshmukh of Networth Capital prefers Tech Mahindra, Delta Corp, Union Bank of India and Rural Electrification Corporation.
Vishal Malkan, Malkansview advises buying CESC for a target price of Rs 520 and Cadila Healthcare for a target price of Rs 1070.
Hemen Kapadia of KR Choksey Securities suggests buying Jubilant Foodworks with a target of Rs 1060 and Punjab National Bank (PNB) with a target of Rs 551.
AK Prabhakar Independent Advisor advises buying Rural Electrification Corporation for a target price of Rs 205 and Apollo Tyres for a target price of Rs 126.