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
AK Prabharkar, Independent Advisor advises buying Union Bank of India for a target price of Rs 255 and Mahindra & Mahindra Financial Services for a target price of Rs 315.
Nooresh Merani of Analyse India is of the view that one can buy United Spirits for a target price of Rs 2,650 and SKS Microfinance for a target price of Rs 340.
Vishal B Malkan, malkansview.com advises buying Arvind for a target price of Rs 295 and Aurobindo Pharma for a target price of Rs 950.
Nooresh Merani of Analyse India recommends buying UPL for a target price of Rs 355 and Hexaware Technologies for a target price of Rs 185.
Manav Chopra, Nirmal Bang advises buying Kotak Mahindra Bank for a target price of Rs 1,050 and Arvind for a target price of Rs 300.
VK Sharma of HDFC Securities recommends buying Mindtree 1200 Call and advises buying Hexaware Technologies 180 Call and sell 190 Call.
Jagannadham Thununguntla, Head of Research at SMC Global Securities is of the view that one may prefer KPIT Tech and Hexaware Technologies.
Kunal Bothra, Head of Advisory at LKP is of the view that Hexaware Technologies may test Rs 188-190.
Kunal Bothra, Head of Advisory at LKP prefers Hexaware Technologies and Tata Consultancy Services.
Sudarshan Sukhani of s2analytics.com is of the view that one may see upmove in Tata Consultancy Services.
VK Sharma of HDFC Securities recommends buying Wipro 580 Call and Hexaware Technologies 165 Call.
Rahul Mohindar, Technical Analyst at viratechindia.com recommends buying Hexaware Technologies as the stock may test Rs 177 in the near term.
VK Sharma of HDFC Securities is of the view that one may buy Hexaware Technologies 165 Call.
Manas Jaiswal of manasjaiwal.com recommends buying Hexaware Technologies with a target of Rs 169.
Ashish Chaturmohta of Fortune Equity Broker recommends going long in Tata Consultancy Services at the current level.
According to CK Narayan, MD of Growth Avenues, one may prefer Infosys, Tech Mahindra and Hexaware Technologies from IT space.
Hemant Thukral of Aditya Birla Money recommends buying Hexaware Technologies above Rs 159 as the stock may move towards Rs 168.
Hemen Kapadia of KR Choksey Securities suggests buying Divis Laboratories with a target of Rs 1537 and selling LIC Housing Finance with a target of Rs 294.
Gopi Suvanam, founder of InvestWorks is of the view that IT stocks like Hexaware Technologies and Persistent Systems provides good buying opportunity.
Kunal Saraogi, Equityrush advises buying JSW Energy for a target price of Rs 53 and BPCL for a target price of Rs 390.
Hemen Kapadia of KR Choksey Securities suggests buying Jubilant Foodworks with a target of Rs 1060 and Punjab National Bank (PNB) with a target of Rs 551.
Amit Gupta, head-derivatives of ICICI Direct is of the view that Hexaware Technologies may test Rs 165.
Manav Chopra, Nirmal Bang advises buying Allahabad Bank for a target price of Rs 78 and Muthoot Finance for a target price of Rs 180.
Nooresh Merani of Analyse India recommends buying Tata Global Beverage for a target of Rs 148 and Indian Hotels Company for a target of Rs 75.
Kunal Saraogi, Equityrush advises buying Reliance Power for a target price of Rs 65 and Dish TV for a target price of Rs 50.