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
Vishal Malkan of malkansview.com is of the view that one may buy JSW Steel with a target of Rs 1720.
Vijay Chopra of enochventures.com is of the view that one may buy Chennai Petroleum Corporation with a target of Rs 280.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Aurobindo Pharma, State Bank of India and Himatsingka Seide.
Rajat Bose of rajatkbose.com recommends selling Bharti Airtel and feels that ONGC may slip to Rs 209.75.
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Finance, Shriram Transport, Cox & Kings, Unichem Laboratories and Bank of Baroda.
Sameet Chavan of Angel Broking is of the view that one may buy Maruti Suzuki with a target of Rs 4420.
Krish Subramanyam of Altamount Capital advises buying NCC with a target of Rs 78.9.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy M&M Financial Services, Shriram Transport and Tata Motors.
Ashwani Gujral of ashwanigujral.com recommends buying Bharat Financial Inclusion, YES Bank and UltraTech Cement.
Sandeep Wagle of powermywealth.com is of the view that one can buy Ceat, Shriram Transport Finance Corporation and Larsen & Toubro.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy M&M Financial Services, Marico and Shriram Transport Finance Corporation.
Rajat Bose of rajatkbose.com is of the view that one can buy Axis Bank, Nitco and Munjal Auto Industries.
VK Sharma of HDFC Securities recommends buying Shriram Transport Finance Corporation 1200 Call.
According to Chandan Taparia of Anand Rathi Securities, one can buy Shriram Transport Finance Corporation, TVS Motor Company and Dr Reddy's Laboratories.
Sandeep Wagle of powermywealth.com recommends buying Shriram Transport Finance Corporation, YES Bank and NTPC.
Sandeep Wagle of powermywealth.com recommends buying Shriram Transport Finance Corporation, Container Corporation of India and Hindustan Zinc.
Sharmila Joshi of sharmilajoshi.com suggests buying Shriram Transport Finance.
On Friday, the day of Brexit referendum results, the benchmark Sensex lost nearly 1,100 points intra-day before closing 604.51 points lower. Investors' wealth in stock market took a hit of nearly Rs 1.8 lakh crore on that day.
Jefferies believes credit costs could surprise positively led by potential provision write back in the equipment segment. This could drive 38 percent earnings per share CAGR and 90 basis points return on assets expansion over FY16-18, it says.
Ruchit Jain of Angel Broking is of the view that one may buy Rural Electrification Corporation with a target of Rs 174.
Sanjiv Bhasin of IIFL is of the view that Tata Motors, Ashok Leyland, Eicher Motors and Shriram Transport are the favourite stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Century Textiles and Industries and Shriram Transport Finance Corporation and advises selling Indiabulls Real Estate.
Sudarshan Sukhani of s2analytics.com recommends buying Petronet LNG and advises selling Shriram Transport Finance Corporation.
Krish Subramanyam of Altamount Capital advises buying Alembic with a target of Rs 40.
According to BoAML, STFC is big beneficiary of a turnaround in the commercial vehicle cycle and its recent quarterly asset quality performance is a testament to that.