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
Considering the strong momentum, the index is likely to march towards 20,000 milestone in coming days, provided its holds 19,700-19,800 area, while the crucial support remains at 19,600-19,500 levels, experts said
The long-awaited package is expected to boost the textile sector as it will not only promote high-value MMF fabrics and garments, and encourage industry to add more capacities going ahead with focus on organised players, but also create huge employment in coming quarters.
However, this period could also offer opportunities to cherry pick some quality equity investment.
Angel remains overweight on discretionary consumption theme with stocks like Safari Industries, Bata, Blue Star and Parag Milk Foods.
Siyaram Silk Mills has strong brands which cater to premium as well as popular mass segments of the market.
Here is a list of top 10 stocks which can return up to 35 percent in the next 12 months. For simplicity, we have taken stocks which have a market cap of less than Rs 10,000 crore.
"We expect SSML to report a net sales CAGR of 12 percent to Rs 1,981 crore and adj.net profit CAGR of 16 percent to Rs 123 crore over FY2017-19E," says Amarjeet Maurya, Sr. Equity Research Analyst, Mid-Caps at Angel Broking.
FY19 promises to be a volatile year for equity markets with indices moving 10-20% in either direction. There are plenty of global headwinds which might arrest the liquidity flow while on the other hand uncertainty around general elections, rising crude oil prices, as well as state election, rate action by the central bank is likely to cap upside.
“We believe, that the investor in the age bracket of 35-40 years should allocate at least 70-75 percent of his portfolio into equities/MFs, 20-25% in fixed income and the balance should be in cash,” Sandeep Chordia, Executive Vice-President - Strategy, Kotak Securities told Moneycontrol.
The year 2018 started on a positive note with benchmark indices hitting a fresh record high but things changed soon after the Budget 2018 was announced. Benchmark indices have plunged over 7 percent each from their respective record highs.
Bank Nifty was the top performing sector which was up 1.32 percent led b y ICICI Bank and Bank of India while on the other hand, from the midcap space, Havells India added 2.28 percent while Power Finance Corporation was up over 3 percent.
The midcap index was the outperforming sector in the early hours of trade led by Biocon, Bharat Financial Inclusion, JSW Energy and Hindustan Zinc while Bharti Infratel followed by Hindalco Industries and Sun Pharmaceutical Industries were the top gainers.
Mayuresh Joshi of Angel Broking is of the view that one can hold IndusInd Bank and Kotak Mahindra Bank and feels that ICICI Bank and Axis Bank look attractive for long term.
Sahil Kapoor of Edelweiss Broking is of the view that one may prefer Siyaram Silk Mills.
Mayuresh Joshi of Angel Broking is of the view that Siyaram Silk Mills may touch Rs 1355.
Mayuresh Joshi, Fund Manager (PMS) at Angel Broking is of the view that Siyaram Silk Mills may hit Rs 1,221 in next 12 months.
Kunj Bansal of Centrum Wealth Management is of the view that Siyaram Silk Mills is a good buy for medium to long term.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Bank of Baroda (BOB), Tata Motors, Geometric Soft, Arshiya Intl, Relaxo Footwear & Siyaram Silk Mills.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Siyaram Silk Mills and Apollo Tyres.
Mayuresh Joshi, VP- Institution at Angel Broking is of the view that YES Bank, LIC Housing Finance and Infosys are attractive bets.
Mayuresh Joshi, Vice President - Institution at Angel Broking is of the view that Siyaram Silk Mills may test Rs 952.
Mayuresh Joshi, VP – Institution, Angel Broking believes that lower inflation and interest rates will catalyse investment cycle.
Siyaram Silk Mills has potential to test Rs 400, says Aashish Tater, Head of Research, Fort Share Broking.
Buy Siyaram Silk Mills, says Parag Doctor of Motilal Oswal Securities.
On CNBC-TV18's new show Super Six, market gurus Hemen Kapadia of chartpundit.com, Parag Doctor of Motilal Oswal Securities and Shrikant Chouhan, VP Technical Research of Kotak Securities, place their bets on two stocks each, thus offering investors a variety of options to choose from.