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
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Federal Bank, National Aluminium Company and Torrent Power and can sell Maruti Suzuki and Bank of Baroda.
Ashwani Gujral of ashwanigujral.com suggests buying Century Plyboards, Pidilite Industries and Shriram Transport Finance Corporation.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Shriram Transport Finance Corporation and can sell Cummins India.
Mitessh Thakkar of miteshthacker.com suggests buying Sterlite Technologies and Shriram Transport Finance.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Indraprastha Gas, HDFC Bank and Avanti Feeds.
Jubilant Foodworks, BASF and Shoppers Stop, among others, are being tracked by investors on Friday.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland, GAIL India and Hindustan Zinc and can sell Amara Raja Batteries.
In fact, if the merger materialises, the swap ratio will build in higher premium to the company’s current market price.
ITC, Ipca Labs and consumer staples, among others, are being tracked by investors on Thursday.
Yogesh Mehta of MOSL is of the view that one may short Tata Steel.
Sudarshan Sukhani of s2analytics.com is of the view that one may avoid Shriram Transport Finance.
Ahead of the 90-day exclusivity period for IDFC, Shriram Group merger talks ending on October 9. CNBC-TV18 learns that Reserve Bank of India (RBI) is uncomfortable with giving Ajay Piramal more than 5 percent stake in IDFC Bank. In an interview to CNBC-TV18, Digant Haria, AVP-Research at Antique Stock Broking shared his views on these stocks.
In an interview to CNBC-TV18's Latha Venkatesh and Anuj Singhal, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Yogesh Mehta of Motilal Osswal recommends buying Piramal Enterprises, Larsen & Toubro and Shriram Transport Finance.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Tata Elxsi, Shriram Transport Finance and Raymond and sell Bharat Forge.
In an interview to CNBC-TV18's Anuj Singhal and Ekta Batra, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Sandeep Wagle of powermywealth.com is of the view that one can buy Shriram Transport Finance Corporation and sell Indian Oil Corporation.
Motilal Oswal expects Axis Bank to report 1.3-1.4 percent return on assets (ROA) and 16 percent return on equity (RoE).
Neeraj Deewan, Director of Quantum Securities advises buying Jindal Stainless Hisar.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can short Federal Bank, Kajaria Ceramics and Shriram Transport Finance and can buy Power Finance Corporation.
Prakash Gaba of prakashgaba.com is of the view that crucial support for Nifty is at 9862 and the resistance is at 9968-10000. On the other hand, Bank Nifty has support at 24000 and resistance at 24500.
Torrent Power, Shriram Transport Finance Corp and Hexaware Technologies are on the radar of Reliance Securities
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
The company is considering raising of funds through various options of borrowings including by way of issue of securities in onshore/offshore market on private placement basis.
Chandan Taparia of Motilal Oswal Securities suggests buying Shriram Transport Finance, Titan Company and ONGC.