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 is of the view that one can buy Biocon for a target price of Rs 485 and Eros International for a target price of Rs 280.
AK Prabharkar, Independent Advisor advises buying Sadbhav Engineering for a target price of Rs 243 and Sail for a target price of Rs 92.
Mithil Pradhan of Violet Arc Global Managers recommends selling Federal Bank, Steel Authority of India.
Krish Subramanyam of Asit C Mehta Investments Intermediates is of the view that one can buy Thomas Cook (India) for a target price of Rs 155 and Max India for a target price of Rs 378.
Hemant Thukral, National Head-Derivative Desk at Aditya Birla Money recommends shorting Steel Authority of India as the stock may head lower and test Rs 75-76.
Krish Subramanyam, Asit C Mehta Investment Intermediattes advises buying Max India for a target price of Rs 378 and Thomas Cook for a target price of Rs 155.
Jagannadham Thununguntla, Head of Research at SMC Global Securities is of the view that one may hold Steel Authority of India.
Brokerage house Prabhudas Lilladhar expects coal blocks to be cancelled followed by auctions.
Prasad Baji, Senior VP, Institutional Equities – Research, Edelweiss Financial Services sees the hike of royalty on iron ore being passed on by the ferrous metal companies.
Hemen Kapadia of KR Choksey Securities is of the view that one may exit Steel Authority of India.
Ashu Madan of Religare Securities is of the view that one may avoid Steel Authority of India.
Sharmila Joshi, market expert is of the view that one can buy Motherson Sumi Systems with a target of Rs 365 and Rallis India with a target of Rs 227.
AK Prabhakar, Independent Advisor advises buying Apar Industries for a target price of Rs 386 and Shriram Transport for a target price of Rs 1,040.
Sharmila Joshi, sharmilajoshi.com advises buying Sintex Industries for a target price of Rs 39.8 and VIP Industries for a target price of Rs 76.
Pankaj Jain of Sunteck Wealthmax recommends buying Hindustan Petroleum Corporation and advises selling Steel Authority of India.
Pankaj Jain, Sunteck Wealthmax advises going long in in Indiabulls Housing Finance for a target price of Rs 225 and BPCL for a target price of Rs 469.
Jai Bala of cashthechaos.com is bullish on metal space and feels that Steel Authority of India (SAIL) may touch Rs 75.
Pritesh Mehta of IIFL suggests buying Dishman Pharmaceuticals & Chemicals with a target of Rs 96 and IDFC with a target of Rs 109.
Ashish Chaturmohta of Fortune Equity Broker recommends going long in Steel Authority of India as the stock may touch Rs 60-61.
Kunal Saraogi, Equityrush advises buying JSW Energy for a target price of Rs 53 and BPCL for a target price of Rs 390.
Kunal Saraogi of Equityrush recommends buying Muthoot Finance with a target of Rs 173 and advises selling Steel Authority of India with a stoploss at Rs 59.
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.
According to Prabhat Awasthi of Nomura Financial Advisory & Securities, one may avoid metal space at this point in time.
Vishal B Malkan of malkansview.com suggets buying Larsen and Toubro (L&T) with a target of Rs 1030-1040 and Aditya Birla Nuvo with a target of Rs 1140-1150.
Krish Subramanium of Asit C Mehta Investment advises selling IOC for a target price of Rs 202 and ONGC for a target price of Rs 274.