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
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Bharat Petroleum Corporation and buy Ashok Leyland, Ceat and Hexaware Technologies.
Kunj Bansal of Centrum Wealth Management is of the view that one can pick Hexaware Technologies from the midcap IT space.
Ajay Bodke of Prabhudas Lilladher is of the view that Hexaware Technologies may test Rs 300.
Vishal Malkan of malkansview.com is of the view that one may buy Steel Authority of India with a target of Rs 47.
Ajay Bodke of Prabhudas Lilladher feels that Glenmark Pharma may move to Rs 1186.
Ajay Bodke of Prabhudas Lilladher is of the view that one may prefer Cummins India, Sadbhav Engineering and Allcargo Logistics.
Vishal Malkan of malkansview.com is of the view that one may remain invested in Hexaware Technologies.
Rakesh Bansal of RK Global advises buying Ashoka Buildcon with a target of Rs 212.
Ajay Bodke of Prabhudas Lilladher is of the view that one may prefer Infosys over Tata Consultancy Services with medium term view.
Shahina Mukadam, Independent Market Expert advises buying Ashok Leyland with a target of Rs 94.
Krish Subramanyam of Altamount Capital is of the view that one may buy Inox Leisure with a target of Rs 240.
Manav Chopra of Networth Stock Broking is of the view that one may buy UPL with a target of Rs 510.
Kunj Bansal of Centrum Wealth Management is of the view that Hexaware Technologies is a good investment opportunity.
Amit Harchekar of A Plus Analytics recommends shorting Hexaware Technologies and TVS Motor Company.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Hexaware and Sun TV Network.
Sudarshan Sukhani of s2analytics.com recommends buying Hexaware Technologies.
Jay Thakkar of ShareKhan is of the view that one may buy Ipca Laboratories with a target of Rs 875.
According to Dipan Mehta, Member at BSE & NSE, one may prefer Hexaware, Mindtree, NIIT Technologies and Tata Elxsi.
Sudarshan Sukhani of s2analytics.com recommends buying Hexaware Technologies as the stock has momentum on the upside.
Manoj Murlidharan of Religare Securities recommends buying Wipro and Hexaware Technologies.
VK Sharma of HDFC Securities recommends buying Divis Laboratories on dips at around Rs 22 and advises bull spread in Hexaware Technologies wherein one can buy 280 Call and sell the 290 Call.
Manav Chopra of Networth Stock Broking advises selling IRB Infrastructure Developers with a target of Rs 210.
Madhu Babu of Centrum Broking is of the view that HCL Technologies is the top pick in the tier I IT space and recommends holding Mindtree.
Shubham Agarwal of Motilal Oswal Securities is of the view that one may sell Rural Electrification Corporation and Hexaware Technologies.
Kunal Bothra of LKP Securities is of the view that one may prefer Sun Pharma, ICICI Bank and Infosys.