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
Rakesh Gandhi, independent technical analyst recommends buying JK Lakshmi Cement with a target of Rs 88.35 and Federal Bank with a target of Rs 89.
Sharmila Joshi, independent analyst recommends buying Sintex Industries for a target of Rs 35.50 and YES Bank for a target of Rs 405.
Sharmila Joshi, Independent Analyst advises buying IRB Infrastructure for a target price of Rs 103 and Escorts for a target price of Rs 124.
Sharmila Joshi of Peerless Securities recommends buying Steel Authority of India (SAIL) for a target of Rs 78 and Jyothy Laboratories for a target of Rs 187.
Sharmila Joshi of Peerless Securities advises buying Sintex Industries for a target price of Rs 31.30 and VIP Industries for a target price of Rs 61.
Phani Sekhar of Angel Broking feels that Sintex Industries may go to Rs 70-75 in the long term.
According to Kunal Bothra of LKP, one can hold Sintex Industries with a target of Rs 40.
Prakash Diwan, Director of Altamount Capital Management is of the view that Sintex Industries may test Rs 45.
Kunal Bothra, Head of Advisory at LKP expects Sintex Industries may touch Rs 40.
SP Tulsian of sptulsian.com recommends going long on Sintex Industries.
According to Sudarshan Sukhani of s2analytics.com, one may buy Sintex Industries on minor correction.
Sharmila Joshi of Fairwealth Securities advises buying NHPC with a target price of Rs 20.50 and YES Bank with a target price of Rs 382.
According to Pritesh Mehta of IIFL, one may buy Sintex Industries at lower levels around Rs 29-30.
Sudarshan Sukhani of s2analytics.com advises buying Sintex Industries on correction.
Ambareesh Baliga, Managing Partner of Edelweiss Securities is of the view that Sintex Industries may touch Rs 38-40.
According to Pankaj Jain of Sunteck Wealthmax Capital, one may buy Steel Authority of India (SAIL) and Sintex Industries.
According to Sudarshan Sukhani of s2analytics.com, one may buy Sintex Industries and hold it for few months.
Pankaj Jain of Sunteck Wealthmax Capital advises buying SAIL with a target price of Rs 61.75 and Sintex Industries with a target price of Rs 30.85.
Nooresh Merani of AMSEC advises buying Sintex Industries on dips around Rs 25-26.
Shahina Mukadam of Varun Capital suggests avoiding Sintex Industries.
Manav Chopra of Nirmal Bang recommends buying Wipro with a target of Rs 535 and Tech Mahindra with a target of Rs 1660.
According to Ambareesh Baliga of Edelweiss Financial Services, Sintex Industries may touch Rs 33-35.
Prakash Diwan of Altamount Capital advises buying Suzlon Energy with a target price of Rs 7.65 and Hindustan Zinc with a target price of Rs 137.25.
SP Tulsian of sptulsian.com expects 30-35 percent returns in Sintex Industries from six months view.
SP Tulsian of sptulsian.com advises going long in Sintex Industries with a target of Rs 28.