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
SP Tulsian, sptulsian.com, he explains why he prefers Maruti Suzuki over Tata Motors. He also explains why despite Jubilant being the stock of the day, he is still not bullish on it.
Chandan Taparia of Anand Rathi is of the veiw that one can buy Bharat Forge, Maruti Suzuki, Apollo Tyres and Bank of Baroda.
Rajat Bose of rajatkbose.com recommends buying Adani Enterprises and feels that SBI may test Rs 275.
Gautam Shah of JM Financial is of the view that banking and auto stocks are favourite picks.
Rishi Kohli, MD & CEO at ProAlpha Systematic Capital is of the view that one can go long in State Bank of India while ONGC can head to Rs 290.
Mitesh Thacker of miteshthacker.com recommends buying Kotak Mahindra Bank, Karnataka Bank, Oriental Bank of Commerce and PTC India.
Amit Gupta, Head-Derivatives at ICICIdirect recommends buying Voltas with a target of Rs 450.
In an interview to CNBC-TV18, Sandeep S Shenoy of Pioneer Investcorp shared his readings and outlook on the market, specific stocks and sectors.
Shahina Mukadam of Independent Market Expert is of the view that one may exit Punjab National Bank.
Shahina Mukadam of Independent Market Expert feels that SBI may move to Rs 300 in the long term.
Sandeep Wagle of powermywealth.com feels that State Bank of India may touch Rs 315-320.
Watch the interview of Ajay Bodke of Prabhudas Lilladher with Latha Venkatesh, Anuj Singhal & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Sudip Bandopadhyay, Market Expert has a bullish stance on State Bank of India with a target of Rs 300.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Punjab National Bank and State Bank of India on declines.
Ashwani Gujral of ashwanigujral.com is of the view that it is a good time to enter PSU banks and advises buying Sun TV.
Bank of America Merrill Lynch reiterates buy call on SBI with target of Rs 300 per share. It feels medium-term merger benefits to outweigh costs. It agrees that swap ratio seems fair and closer to market and below nominal.
Watch the interview of Mayuresh Joshi of Angel Broking with Latha Venkatesh, Anuj Singhal and Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Sudarshan Sukhani of s2analytics.com recommends selling Mindtree and Godrej Consumer but is upbeat on State Bank of India.
Speaking about JustDial, SP Tulsian of sptulsian.com said, "Things are looking quite weak on the fundamentals. I continue to have my negative view on the stock and I won't be surprised to see it falling further from here on by about 20-30 percent".
Rajat Bose of rajatkbose.com is of the view that one may sell ABG Shipyard.
Chandan Taparia of Anand Rathi Securities recommends buying LIC Housing Finance, State Bank of India and CESC.
CLSA says large deal loss puts FY17 guidance of Infosys at risk after weak Q1. It may impact FY17 revenue by USD 50-100 million and FY18 revenue by USD 100-200 million. Its sya RBS deal cancellation puts FY17 revenue guidance at risk by 0.5-1 percent.
According to Sanjay Dutt of Quantum Securities, PSU banks will outperform and can give 50-60 percent returns from the current level in the next one year.
Rajat Bose of rajatkbose.com is of the view that one can buy State Bank of India, Punjab National Bank.
Sudarshan Sukhani of s2analytics.com recommends buying Britannia Industries and Voltas.