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
Consolidation is expected to continue in the upcoming sessions, with resistance and support at last week's high-low. Below are some short-term trading ideas to consider.
Axis Securities recommends buy on Maruti Suzuki, Bajaj Finance and SBI Cards & Payment Services which can give 10-15 percent return in a span of 6-9 months.
June and March quarter earnings indicated that lot of sectors did not have much impact of COVID-19-led lockdown. As a result, lot of stocks saw an upgrade in rating to buy.
These stocks may take off once the runway is clear, says the brokerage.
The company plans to add at Bhiwadi capacity for 100,000 pairs a day over the next three years with capex of Rs 900 mn.
Rusmik Oza said a 5-6 percent correction from the peak levels could be a healthy one for the long-term market sentiment.
The company produces footwear of a higher quality than that manufactured by unorganized players and therefore it’s seen an aspirational buy’ for consumers moving up the value chain to the branded space.
Rusmik Oza of Kotak said high expectations from the Budget could lead to a good start for Indian equities in 2020.
From a basic need-based industry to an indispensable part of overall fashion market, footwear industry is growing with the demand driven multipliers and less supply side organized drivers.
The market reacted on positive global cues including likeliness of phase one of the trade deal between US-China as well as UK election outcome, despite weak macroeconomic data.
Experts expect stock-specific activity to continue and as it is a 'buy of dips' market, recommend buying quality stocks for better returns
The immediate support is now placed at 10,700, and a breach of which could trigger a fresh round of selling in the coming sessions.
Use the dips in the market to accumulate or buy into quality stocks.
The government raised basic customs duties across air conditioners, refrigerators, washing machines (
The stock may be bought in the range of Rs 723-727 for a target of Rs 775-800, and a stop loss below Rs 680, says Aditya Agarwala of Yes Securities.
The relative strength index (RSI) has also crossed its previous highs and has moved above the 60-levels, affirming bullishness building up in the markets.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Fortis Healthcare and HDIL and buy Relaxo Footwears.
A child would require a lump sum amount when he/she plans to do graduation and the amount collected from either investing in direct equities or via mutual funds would give much better returns compared to child plans offered by various insurance companies, suggest experts.
Relaxo Footwear gave a share price return of over 7400% over the last 10 years. Check out the performance of the other three listed footwear companies.
Even the sectoral heavyweight banking index has seen a healthy breather. All in all, sectoral standing also corroborates the overall robust price structure.
There are a lot of investors who are still waiting on the sidelines to get into Indian market, which offers both growth comfort to investors.
Ashwani Gujral of ashwanigujral.com recommends buying L&T Finance, Tata Elxsi, Caplin Point and Relaxo Footwear while one can sell Fortis Healthcare.
Despite facing stiff competition from India's leather and footwear majors, Sreeleathers continues to create a niche for itself with sustainable growth every year.
Here are a few top buzzing stocks picked by CNBC-TV18's analysts in trade today - Titan, Tata Elxsi, Arvind, Page Industries, Rupa, Lux, AB Fashion, Godrej Properties, Linde India,Vindhya Telelinks, Universal Cables, Relaxo Footwears and Swelect Energy.
The single tax would replace 17 indirect tax levies and improve taxation efficiency. Most goods are placed under the four slabs of services tax i.e. 5, 12, 18 and 28 percent.