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
On the indicator front, the momentum indicator relative strength index RSI (14) is showing a reading of 47 and Nifty is trading above its 200-day EMA at 18,331 which indicates strength.
APL will make an immediate investment of Rs 101.8 crore (through secondary market purchase plus 25 percent warrant subscription money), and the remaining investment of Rs 78.7 crore will be made within 18 months
The Relative Strength Index (RSI) on the daily time frame suggests that the bullishness remains intact and the rally has more legs on the upside
It is available 32.5 percent lower against its 52 weeks high of Rs 2365 Shankara is an excellent proxy play on housing growth thus we are recommending it with a buy, says Sumit Bilgaiyan of Equity99.
RBI and FOMC will start there two days credit policy meeting on July 31. This will be closely watched as dollar and index have increased a lot.
The valuation of India market still remains to be rich; hence, any correction owning to global volatility should be used as a buying opportunity to dig into quality stocks.
We expect Nifty EPS of FY18/19/20 to be 500/600/720 and expect it to scale 12,000 in FY19, says Sandeep Raina of Edelweiss Investment Research.
Ashwani Gujral of ashwanigujral.com suggests buying VIP Industries, Tech Mahindra and GAIL India.
Almost 52 percent of IPOs listed on the bourses in the last 10 years has given a negative return and only 48 percent survived the bull and the bear cycles. Out of 48 percent, nearly 100 companies gave a return ranging from 100 percent to 6000 percent.
Sets target of Rs 1,786 apiece; bets on shift to organised retail to help the company’s financials.
Rajesh Kothari of AlfAccurate Advisors is of the view that one may look at Shankara Building Products.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy HDFC, Shankara Build and Chambal Fertilisers and can sell Andhra Bank.
Here are a few top buzzing stocks picked by CNBC-TV18's analysts in trade today - Neuland Labs, Titan, Cyient, Indoco Remedies, Shankara Buildpro, Ashok Leyland, TVS Motor, Tata Motors, and AB Money.