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
Bank of America Merrill Lynch has reiterated a buy call on HCL Technologies with an upward revision in target price to Rs 990 from Rs 935 a share.
Ashwani Gujral of ashwanigujral.com recommends buying City Union Bank, Kotak Mahindra Bank and Jet Airways.
Ashwani Gujral of ashwanigujral.com suggests buying Repco Home, Reliance Industries and JK Tyre and Industries.
CLSA remains negative on cement sector as it believes 2017 will be a lacklustre year for the sector. It has negative ratings on all cement company except UltraTech Cement that is its only preferred name in the sector.
According to Rajat Bose of rajatkbose.com, one may hold Reliance Industries.
Watch the interview of Prakash Diwan, Market Expert at Altamount Capital Management with Latha Venkatesh, Anuj Singhal & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Sudarshan Sukhani of s2analytics.com suggests buying Adani Power, Bajaj Electricals and Texmaco Rail.
According to Ashwani Gujral of ashwanigujral.com, one can get into Reliance Industries at around Rs 1230 while Motherson Sumi may head higher.
Anu Jain of IIFL Private Wealth Management is of the view that one may look at UPL and YES Bank.
Sudip Bandopadhyay, Market Expert recommends buuying V-Mart Retail with a view of 12 months.
Rajat Bose of rajatkbose.com is of the view that HDFC Bank may hit Rs 1405 while Bata India may test Rs 515.
In an interview to CNBC-TV18, Rajen Shah, Chief Investment Advisor at Tradebulls Group shared his readings and outlook on specific stocks and sectors.
According to Sudarshan Sukhani of s2analytics.com, one can buy Reliance Industries for target of Rs 1550.
Now that it has moved to Rs 1,300 definitely the re-rating is seen to be continuing in the share price of RIL, says SP Tulsian.
Sandeep Wagle of powermywealth.com is of the view that one can buy Voltas and Reliance Industries and sell Godrej Industries.
Sandeep Wagle of powermywealth.com is of the view that one can buy Reliance Industries and Rural Electrification Corporation and sell Apollo Hospitals.
According to Mitessh Thakkar of miteshthacker.com, one can buy Bajaj Auto, Rural Electrification Corporation and Reliance Industrial Infrastructure.
Prakash Gaba of prakashgaba.com suggests buying Reliance Industries on dips and feels that ICICI Bank looks good and likes Kotak Mahindra Bank.
Deutsche Bank says Bharti Airtel's deal with Millicom to combine operations in Ghana reflected continued progress on African restructuring. Hence, the brokerage house assigned buy rating on the stock, with a target price at Rs 400.
Sandeep Wagle of powermywealth.com is of the view that one can sell Jain Irrigation Systems and buy Bharti Infratel while he is bullish on Reliance Industries.
Sandeep Wagle of powermywealth.com is of the view that one can buy UltraTech Cement and Reliance Industries and sell Jain Irrigation.
Mitessh Thakkar of miteshthacker.com suggests buying Reliance Industries at around Rs 1,230-1,220.
Goldman Sachs has initiated its coverage on Infosys with a sell call and target of Rs 829 as application services is shrinking led by swift contraction in BFSI.
In an interview to CNBC-TV18, Deven Choksey, MD of KRChoksey Investment Managers shared his readings and outlook on specific stocks and sectors.
In an interview to CNBC-TV18's Prashant Nair and Sumaira Abidi, Rahul Arora, CEO at Nirmal Bang Institutional Equities shared his readings and outlook on market and specific stocks.