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
Rajat Bose of rajatbose.com is of the view that Yes Bank looks good and feels that one may pick Snowman Logistics and Gati.
Rakesh Bansal of RK Global advises buying Ashoka Buildcon with a target of Rs 212.
Devang Mehta of Anand Rathi Financial Services is of the view that one may prefer Gateway Distriparks and Snowman Logistics.
Devang Mehta of Anand Rathi Financial Services likes Welspun India and Arvind from the textile space and Dewan Housing Finance and Can Fin Homes from the housing finance names.
Kunal Bothra of LKP Securities recommends buying Snowman Logistics and Engineers India.
Pashupati Advani of @globalforay recommends looking at the logistics stocks.
Devang Mehta, Sr VP & Head-Equity Advisory at Anand Rathi Financial Services recommends entering Snowman Logistics for a target of Rs 115-116.
Here‘s a list of top 10 stocks that are in news due to their Q4 earnings
Devang Mehta of Anand Rathi Financial Services is of the view that one may prefer Ahluwalia Contracts, NIIT Tech and Snowman Logistics.
Here are top 10 stocks to keep an eye on January 29 - HDFC Bank, Lupin, Bharti Airtel, Idea Cellular, Coal India, Alstom T&D, JM Financial, Just Dial, NOCIL and Snowman Logistics.
According to Mayuresh Joshi, VP- Institution at Angel Broking, one may book profits in Snowman Logistics and prefer banks on declines.
According to Kunal Bothra, Head of Advisory at LKP, one may hold Snowman Logistics.
Pankaj Jain of Sunteck Wealthmax advises buying Marksans Pharma for a target price of Rs 64.90 and IRB Infrastructure for a target price of Rs 265.
AK Prabharkar, Independent Advisor advises buying Oil India for a target price of Rs 630 and Max India for a target price of Rs 343.
Pankaj Jain, Sunteck Wealthmax advises buying Torrent Power and Snowman Logistics.
Shahina Mukadam, Varun Capital advises buying Kalpataru Power for a target price of Rs 163 and Den Networks for a target price of Rs 186.
"I am willing to pay about Rs 50-55 for this but beyond that it definitely gets to be a stretch. It is the shortage of supply that is creating this froth," says Prakash Diwan, Director at Altamount Capital Management.