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
Krish Subramanium of Asit C Mehta Investment recommends buying CESC for a target of Rs 472 and advises selling Steel Authority of India with a target of Rs 61.50.
Sharmila Joshi of sharmilajoshi.com advises buying Amara Raja Batteries for a target price of Rs 346 and Jyothy Laboratories for a target price of Rs 199.
Siddharth Bhamre of Angel Broking is of the view that one may short Steel Authority of India as the stock may test Rs 62.
Sharmila Joshi of Peerless Securities recommends buying Steel Authority of India (SAIL) for a target of Rs 78 and Jyothy Laboratories for a target of Rs 187.
Sharmila Joshi of Peerless Securities advises buying Sintex Industries for a target price of Rs 31.30 and VIP Industries for a target price of Rs 61.
Hemen Kapadia of KR Choksey Securities advises selling Steel Authority of India (SAIL) with a stoploss at Rs 66 and buying Titan Industries with a target of Rs 229.
Gaurav Ratnaparkhi of Sharekhan suggests buying Havells India with a target of Rs 775 and ITC with a target of Rs 335.
Navneet Daga of KR Choksey Securities recommends selling Steel Authority of India (SAIL) at around Rs 62.50-63 as the stock may head towards Rs 57.
Shahina Mukadam of Varun Capital recommends buying Steel Authority of India (SAIL) with a target of Rs 64.20 and Godrej Industries with a target of Rs 308.60.
Sudarshan Sukhani of s2analytics.com suggests selling Tata Steel along with Hindalco Industries and Steel Authority of India Ltd (SAIL) in the metal pack.
Manav Chopra of Nirmal Bang advises buying Sun TV Network for a target price of Rs 470 and Future Retail for a target price of Rs 88.
Ambareesh Baliga, Managing Partner-Global Wealth Management of Edelweiss Financial Services recommends buying Tata Steel and Steel Authority of India (SAIL) at these levels.
Dharmesh Kant of India Nivesh Securities recommends buying Bajaj Finance with a target of Rs 1,320 and JB Chemicals with a target of Rs 99.
Dharmesh Kant of India Nivesh Securities advises buying Bajaj Finance with a target price of Rs 1,320 and JB Chemicals with a target price of Rs 99.
Pritesh Mehta of IIFL suggests buying Tribhovandas Bhimji Zaveri with a target of Rs 160 and Aban Offshore with a target of Rs 245.
Ashish Chaturmohta of Fortune Equity Brokers is of the view that one may see 10-15 percent upside in Steel Authority of India (SAIL).
Pankaj Jain of Sunteck Wealthmax Capital advises buying Aurobindo Pharma with a target price of Rs 227 and DB Realty with a target price of Rs 71.50.
According to Pankaj Jain of Sunteck Wealthmax Capital, one may buy Steel Authority of India (SAIL) and Sintex Industries.
Pankaj Jain of Sunteck Wealthmax Capital advises buying SAIL with a target price of Rs 61.75 and Sintex Industries with a target price of Rs 30.85.
According to Vikas Khemani of Edelweiss Securities, Tata Steel and JSW Steel are the top picks in metal space.
According to Shahina Mukadam of Varun Capital, one may buy Steel Authority of India (SAIL) with a target of Rs 58.60 and advises selling Crompton Greaves with a day target of Rs 88 and a stoploss of Rs 98.
Sudarshan Sukhani of s2analytics.com recommends buying Steel Authority of India (SAIL) as the stock may head higher.
Kunal Bothra of LKP advises buying BF Utilities with a target price of Rs 176 and Kolte-Patil with a target price of Rs 76.
According to Sharmila Joshi of Peerless Securities, one may buy United Phosphorous with a target of Rs 153 and Godrej Industries with a target of Rs 269.
Meghana Malkan of malkansview.com advises buying Century Textile with a target price of Rs 267 and Chambal Fertiliser with a target price of Rs 38.5.