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
Sanjeev Agarwal, CEO of Dynamix Research & Capital Management is of the view that one may hold on to Hexaware Technologies.
Sudarshan Sukhani of s2analytics.com feels that Hexaware Technologies may see higher levels.
According to Sharmila Joshi of Peerless Securities, one may buy Exide Industries with a target of Rs 139 and stop loss of Rs 133 and also advises to buy Hexaware Technologies with a target of Rs 110 and stop loss at Rs 105.50.
Sharmila Joshi of Peerless Securities advised buying Exide Industries with a target price of Rs 139 and Hexaware Technologies with a target price of Rs 110.
Sharmila Joshi, Head of Equity of Peerless Securities advised buying Hexaware Technologies as it reported strong set of numbers during April-June quarter. "We upgraded our target from Rs 115 to Rs 135 on the stock," she adds.
"IT seems to have regained flavour," said Sharmila Joshi, Head of Equity of Peerless Securities, in an interview with CNBC-TV18. She expects private sector banks to be in focus next week because of expiry of F&O contracts. She sees Tata Chemicals climbing back to the Rs.325-350 band.
Sanjeev Agarwal, CEO of Dynamix Research & Capital Management is of the view that one can buy Hexaware Technologies around Rs 100-95, for a target of Rs 125-130.
According to Rajesh Agarwal, Head of Research of Eastern Financiers Limited, one can hold Hexaware Technologies with a target of Rs 130 in next three-six months.
Anish Damania of Emkay Global Financial Services is positive on MindTree.
SP Tulsian of sptulsian.com feels there will be good upside left in Hexaware Technologies. “The stock may test Rs 112-115 in this series itself,†he adds.
According to Aashish Tater of FortuneWizard.com one may go long on JSW Energy for a target of Rs 43.50 and a stop loss of Rs 42 and advises selling Reliance Communications (RComm) for a target of Rs 130 and the stop loss of around Rs 146.
Aashish Tater of FortuneWizard.com advised going long on JSW Energy with a target price of Rs 43.5 and UCO Bank with a target price of Rs 65.5.
Vishal Malkan of malkansview.com is of the opinion that one may buy Hexaware Technologies with a stop of Rs 100 for target of Rs 107 and advises selling Aurobindo Pharma with a stop of Rs 185 for target of Rs 177.50.
According to Aashish Tater of FortuneWizard.com, one may sell Reliance Communications (RComm) for target of Rs 130 and advises to go long on Jet Airways.
Aashish Tater of FortuneWizard.com advised going short on Reliance Communications with a target price of Rs 130 and Sun TV Network with a target price of Rs 375.
According to Aashish Tater of FortuneWizard.com one may go long on Southern Petrochemical Industries Corporation (SPIC) with a target of Rs 12 and advises selling Reliance Communications (RComm) with a target of Rs 130.
Aashish Tater of FortuneWizard.com advised buying Hexaware Technologies with a target price of Rs 99.50 and SpiceJet with a target price of Rs 29.
Sudarshan Sukhani of s2analytics.com recommends buying Hexaware Technologies as the stock is just breaking out of Rs 94-95 range.
Parag Doctor, Head-Trading Strategies of Keynote Capital's is of the opinion that one may see Hexaware Technologies gradually moving on the upside towards Rs 100.
Sharmila Joshi of Peerless Securities recommends buying Berger Paints with a target of Rs 248 and advises to also buy Rolta India with a target of Rs 62.50.
Sharmila Joshi of Peerless Securities recommends buying Berger Paints with a target price of Rs 248 and Rolta India with a target price of Rs 62.50.
Sudarshan Sukhani of s2analytics.com recommends buying Hexaware Technologies with a target of Rs 99 or even Rs 100.
Sharmila Joshi of Peerless Securities recommends buying Ceat with a target of Rs 110. "The way the business has shaped up and the fact that rubber prices have come down significantly will mean that Ceat will have better margins going ahead," he adds.
Sharmila Joshi of Peerless Securities advises buying Ceat with a target price of Rs 110 and Hexaware Technologies with a target price of Rs 93.
Sudarshan Sukhani of s2analytics.com is of the opinion that Hexaware Technologies gives a good buying opportunity.