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
CLSA says Mohali plant clearance is a significant positive development for the company and shows progress on regulatory issues. Clearance makes a large oral solid dosage site available to de-risk existing sites.
CLSA remains negative on cement sector as it believes 2017 will be a lacklustre year for the sector. It has negative ratings on all cement company except UltraTech Cement that is its only preferred name in the sector.
Vijay Chopra of enochventures.com feels that Sun Pharmaceutical Industries can touch Rs 900.
In an interview to CNBC-TV18, Rajen Shah, Chief Investment Advisor at Tradebulls Group shared his readings and outlook on specific stocks and sectors.
VK Sharma of HDFC Securities recommends buying Mahindra and Mahindra, Infosys, Sun Pharma and advises Bull Spread in Tata Steel.
Ashwani Gujral of ashwanigujral.com advises buying Gujarat Gas, Mcleod Russel (India) and Sun Pharmaceutical Industries.
Yogesh Mehta of Motilal Oswal suggests buying Federal Bank, Hindalco Industries and Sun Pharmaceutical Industries.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Sanjiv Bhasin of IIFL shared his reading and outlook on the market and also gave recommendations on various stocks.
Easing regulatory concerns and actions by the US Food and Drug Administration (FDA) will help the sector and improve investor sentiment, Deutsche Bank said in a report.
Morgan Stanley feels any interest in Axis Bank will be based on its retail franchise as it is one of the few banks with a strong retail deposit franchise.
Avinash Gorakshakar, Market Expert advises exiting Orchid Pharma and one can prefer Lupin and Sun Pharmaceutical Industries.
Goldman Sachs says Kotak Mahindra Bank may outperform on improving growth prospects & top quartile EPS growth. Lending book is likely to grow at 25 percent hereon, it feels.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Bharat Financial Inclusion and Sun Pharmaceutical Industries and sell Bharti Infratel.
Sumeet Jain of Destimoney Securities advises buying Castrol India with a target of Rs 454.
SP Tulsian of sptulsian.com, explains why he is bullish on Petronet LNG. He also discusses key pharma sector likes Cadila Healthcare, Divis Laboratories and Aurobindo Pharma.
Ashwani Gujral of ashwanigujral.com advises buying Petronet LNG, SRF and Sun Pharma.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Escorts and sell NCC and Sun Pharma.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
According to Sharmila Joshi of sharmilajoshi.com, one may stay invested in Sun Pharma.
Mitessh Thakkar of miteshthacker.com recommends buying Reliance Infrastructure and Sun Pharma.
Rajat Bose of rajatkbose.com is of the view that one may hold Sun Pharmaceutical Industries.
CLSA says Power Grid's best is yet to come in terms of capitalisation and estimates 50 percent rise in regulated equity over FY16-19. The brokerage house has reiterated buy call on the stock, with increased target at Rs 238 from Rs 225 as it feels valuations are inexpensive despite a 39 percent rally in one year.
Yogesh Mehta of Motilal Oswal is of the view that one can buy Sun Pharmaceutical Industries, Exide Industries and Tata Motors.
Mitessh Thakkar of miteshthacker.com suggests buying Sun Pharmaceutical Industries and advises selling MRF and Tata Motors DVR.
Morgan Stanley also says Jubilant Foodworks' earnings are ahead of estimates and there was impressive cost control. It is best placed to capitalise on urban consumption recovery, it feels. The research firm is overweight on the Stock, with a target price at Rs 1,230.