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
Pankaj Pandey of ICICIdirect likes Sagar Cement with a price target of Rs 975 and Syngene with a target price of Rs 570.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Hindalco, IDBI Bank, Adani Ports, Syngene, Mandhana Industries, Bharat Financial Inclusion and Prabhat Diary.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sector.
Manas Jaiswal of manasjaiswal.com is of the view that one can buy ILandFS Investment Managers with a target of Rs 20 and Piramal Enterprises with a target of Rs 1210.
Manas Jaiswal of manasjaiswal.com recommends buying Adani Port with a target of Rs 250 and Aban Offshore with a target of Rs 234.
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that one may exit Lincoln Pharma.
Kunj Bansal of Centrum Wealth Management is of the view that one can avoid the telecom space.
Ajay Srivastava, CEO at Dimensions Consulting is of the view that one may prefer pharma stocks with long term view.
According to Gaurang Shah of Geojit BNP Paribas Financial Services, one may prefer Glenmark Pharma and Syngene.
Rakesh Bansal of RK Global suggests buying Balaji Telefilms with a target of Rs 95.
Jay Thakkar of Sharekhan advises buying Colgate Palmolive with a target of Rs 1986.
The companies mentioned in A-list are picks of CNBC-TV18's experts and not recommendations to buy.
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that one may hold Syngene International.