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
Sudarshan Sukhani of s2analytics.com is of the view that one can buy SRF on dips.
Rakesh Bansal of RK Global advises buying Exide Industries with a target of Rs 173.
Manas Jaiswal of manasjaiswal.com recommends buying SRF and Apollo Tyres.
Pritesh Mehta of IIFL recommends selling SRF and Apollo Tyres and advises buying Cipla.
Hemen Kapadia of KR Choksey Securities is of the view that one may sell Dabur India with a target of Rs 291.
Vinay Khattar, associate director & head of research at Edelweiss Financial Services likes SRF and expects significant upside from the current level.
Kama Holdings, the primary investment company of SRF Group, has a market cap of just Rs 732 crore but it directly holds 52.3 percent stake in SRF. The value for the SRF holding is around Rs 3,700 crore
Neeraj Deewan of Quantum Securities is of the view that one may look at Apollo Tyres and SRF.
Here are top 10 stocks to focus on January 2 – Indian Oil Corporation (IOC), Jindal Steel, Petronet LNG, IRB Infra, Sadbhav Engineering, TVS Motor, CNX PSU Bank Index, Corporation Bank, SRF limited and Kalpataru Power.
Shahina Mukadam of Varun Capital recommends buying Buy ITC for a target price of Rs 377 and Apollo Tyres for a target price of Rs 249.
Buy SRF, says Ashish Tater of Fort Share Broking.
Bull's Eye, the popular game show on CNBC-TV18, offer investors a chance to have a look at the stocks that can be added to their portfolio.
SRF has target of Rs 355, says Ashu Madan of Religare.
Bull's Eye, the popular game show on CNBC-TV18, offer investors a chance to have a look at the stocks that can be added to their portfolio.