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
According to Ashwani Gujral of ashwanigujral.com, one can get into Reliance Industries at around Rs 1230 while Motherson Sumi may head higher.
Ashwani Gujral of ashwanigujral.com recommends buying Jet Airways, Century Plyboards, Edelweiss Financial Services, YES Bank and Sundram Fasteners.
Ashwani Gujral of ashwanigujral.com recommends buying UltraTech Cement, Can Fin Home and Sundram Fasteners.
Rajat Bose of rajatkbose.com is of the view that one may hold Sundram Fasteners.
Sudarshan Sukhani of s2analytics.com recommends buying Sundram Fasteners, Bharti Airtel and Steel Authority of India.
Ashwani Gujral of ashwanigujral.com suggests buying GAIL India, Hindustan Oil Exploration Company and Sundram Fasteners.
Ashwani Gujral of ashwanigujral.com recommends buying JSW Steel, Vedanta and Sundram Fasteners.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy SREI Infra and Sundram Fasteners and sell Bank of Baroda, Apollo Tyres and Tata Elxsi.
Parag Thakkar of HDFC Securities is of the view that one can buy Kotak Mahindra Bank and Maruti Suzuki.
According to Rajat Bose of rajatkbose.com, one can buy Bharat Financial Inclusion and Sundram Fasteners.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Sundram Fasteners, Heritage Food and IIFL Holdings.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy GNFC, Century Textiles, Bajaj Auto and Hero MotoCorp and sell Petronet LNG.
In an interview to CNBC-TV18, Prakash Diwan of Altamount Capital Management shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com advises selling Larsen and Toubro.
Ashwani Gujral of ashwanigujral.com recommends buying PC Jeweller, Sundram Fasteners and Hindalco Industries and advises selling Apollo Tyres.
Ashwani Gujral of ashwanigujral.com recommends buying Jubilant Life Sciences, Sundram Fasteners and Uflex.
Ashwani Gujral of ashwanigujral.com recommends buying Lupin, Jubilant Life Sciences and Sundram Fasteners.
AK Prabhakar of IDBI Capital is of the view that one may prefer Power Grid, Mahindra Holidays and Deepak Fertilizers.
Ashwani Gujral of ashwanigujral.com recommends buying India Cements, DHFL and Sundram Fasteners.
Stocks expected to gain are Sundram Fast, J&K Bank, Adani Ports, Aptech, PFC, Jubilant Life, Natco Pharma, Nitesh Estates, Globus Spirits and Emco, while stocks expected to be under pressure are Lupin, United Bank, Uco Bank, IOB, JK Tyre, Concor, Patel Integrated, Anuh Pharma, Gokaldas Exports, Kennametal, Indag Rubber, Huhtamaki PPL.
Jay Thakkar of Sharekhan is of the view that one may buy Sundram Fasteners with a target of Rs 202.
Gaurav Bissa of LKP Securities is of the view that one may buy Bharti Infratel with a target of Rs 350.
Jay Thakkar of Sharekhan is of the view that one may buy Bharat Electronics with a target of Rs 1314.
Ashwani Gujral of ashwanigujral.com recommends buying Pidilite and Sundaram Fasteners and short BPCL.
Rajat Bose of rajatkbose.com feels that Sundram Fasteners may go to Rs 164.75.