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 recommends buying Jai Corp with a target of Rs 68.70 and Aptech for a target of Rs 79.
Meghna Malkan of malkansview.com advises buying Larsen and Toubro for a target price of Rs 1040 and Adani Ports for a target price of Rs 169.
Lancelot D Cunha of ITI Wealth Management recommends buying UPL with a target of Rs 171.50 and advises selling Titan Industries with a target of Rs 226.
Vishal Malkan of malkansview.com advises buying Arvind for a target price of Rs 119 and Century Textiles for a target price of Rs 300.
Dharmesh Kant of India Nivesh Securities advises buying Exide Industries with a target price of Rs 140 and United Phosphorous (UPL) with a target price of Rs 175.
Lancelot D Cunha of ITI Wealth Management advises buying Mangalore Chemical and Fertiliser with a target price of Rs 53.50 and Sun Pharma Advanced Research Company with a target price of Rs 146.
Mehraboon Irani of Nirmal Bang Securities prefers Firstsource Solutions, Polaris Financial Technology in the IT space, Sun Pharma Advanced Research Company in the pharma space and Tata Motors and Motherson Sumi Systems.
According to Lancelot D Cunha of ITI Wealth Management, one may buy Speciality Restaurants with a target of Rs 138.90 and Idea Cellular with a target price of Rs 174.
Saurabh Mittal of Swadeshi Credits advises buying Zee Entertainment with a target price of Rs 247 and Apollo Hospital with a target price of Rs 944.
Vishal Jajoo of Nirmal Bang recommends buying Delta Corp with a target of Rs 74.50 and Sun Pharma Advanced Research Company (SPARC) with a target of Rs 126.50.
Vishal Jajoo of Nirmal Bang recommends buying Colgate Palmolive with a target price of Rs 1275 and Delta Corp with a target price of Rs 74.50.
Sharmila Joshi of Peerless Securities recommends buying TV18 Broadcast with a target of Rs 18 and Steel Authority of India (SAIL) with a target of Rs 47.
Vishal Malkan of malkansview.com advised buying Bank of India with a target price of Rs 154 and HDIL with a target price of Rs 34.
Sharmila Joshi of Peerless Securities recommends buying United Phosphorous with a target of Rs 142 and Sun Pharma Advanced Research Company with a target of Rs 142.
Sharmila Joshi of Peerless Securities advised buying United Phosphorous with a target price of Rs 142 and Sun Pharma Advanced Research with a target price of Rs 142.
Prakash Diwan of Altamount Capital Management recommends buying Sun Pharma Advanced Research Company with a target price of Rs 134.50 and stop loss at Rs 127.50.
One may go long in Adani Ports, Bata India, Jubilant Foodworks and Sun Pharma Advanced Research Company, says Ashish Kapur of Invest Shopee India.
SP Tulsian of sptulsian.com advised buying Karnataka Bank with a target price of Rs 124 and Future Retail with a target price of Rs 106.
Ashish Kapur of Investshoppe suggests going long on Bank of India, Yes Bank, Sun Pharma Advanced Research Company and Rallies India.
Sharmila Joshi of Peerless Securities advised buying Arvind with a target price of Rs 89 and Reliance Communications with a target price of Rs 121.
According to Sudarshan Sukhani of s2analytics.com, short-term trader should go long in Sun Pharma Advanced Research Company. It has a target of Rs 200, he adds.
Pankaj Jain of Sunteck Wealthmax is bullish on HPCL and Sun Pharma Advanced, while he is bearish on India Cement and Opto Circuits.
Aashish Tater of FortuneWizard.com advised going long in Indian Hotels and HPCL. Meanwhile, Lancelot D Cunha of ITI Wealth Management recommended selling HDIL and buying United Spirits.
VK Sharma, Head Private Broking & Wealth Management at HDFC Securities is of the view that Sun Pharma Advanced Research Company can give better returns than Sun Pharmaceutical Industries.
SP Tulsian of sptulsian.com has recommended buy rating on Sun Pharma Advanced Research, Anant Raj, Amtek India and Amtek Auto