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
Sudarshan Sukhani of s2analytics.com suggests buying TCS, Siemens and Reliance Infra and advises selling Sun Pharma and Castrol India.
With maintaining buy rating on Motherson Sumi with a target price of Rs 356, UBS says it is a multi-year story and expects 24 percent EPS CAGR over FY16-19 period.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy TVS Motor and Tata Communications and sell pharma stocks including Aurobindo Pharma, Sun Pharma and Lupin on rallies.
Mitesh Thacker of miteshthacker.com recommends buying TCS and Granules India and advises selling Sun Pharma and Dr Reddy's Labs.
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 shares his rationale for not being positive on Nalco and Sun Pharma.
Rajat Bose of rajatkbose.com suggests exiting Sun Pharma if the stock breaches Rs 640.
Avinnash Gorakssakar, Market Expert is of the view that one may exit Sun Pharmaceutical Industries with a short term view while one may hold the stock with a longer term view.
According to Mitesh Thacker of miteshthacker.com, one can sell Sun Pharma and buy Ceat.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Sun Pharma and Indian Oil Corporation and buy Cholamandalam Investment.
Rajat Bose of rajatkbose.com recommends selling Sun Pharma and feels that Apollo Hospitals looks weak.
Deepak Shenoy of capitalmind.in is of the view that pharma stocks like Strides Shasun and Sun Pharma are great stocks to own for a longer term.
Credit Suisse has cut target price of Coal India to Rs 370 from Rs 385 per share as it sees little downside to the stock. The company reported very weak Q2 results on account of higher costs across heads. Higher costs pull down FY17-19 EPS by 7-20 percent.
CNBC-TV18's Ekta Batra lists out stocks that you should focus on – TCS, Sun Pharma, Coal India, ITC, Bajaj Auto.
Ashwani Gujral of ashwanigujral.com recommends selling Sun Pharmaceutical Industries.
SP Tulsian of sptulsian.com shares his rationale behind his bullish view on Crompton Greaves, Motherson Sumi and Bharat Forge.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Eicher Motors, Adani Ports, HDFC and Hero Motocorp.
Ashwani Gujral of ashwanigujral.com recommends selling Shriram Transport Finance, Sun Pharma and Cadila Healthcare.
Sudarshan Sukhani of s2analytics.com recommends selling Sun Pharma and advises buying HPCL and Century Textiles and Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Karnataka Bank, Tata Steel and Sun Pharma.
CNBC-TV18's Ekta Batra lists out stocks to focus on – HDFC, Lupin, Sun Pharma, HUL, Tata Steel, Adani Enterprises.
Shahina Mukadam of Equityrush advises buying NIIT Technologies with a target of Rs 450.
According to Mitesh Thacker of miteshthacker.com, one may buy Larsen and Toubro and Sun Pharma.
Kotak retains buy rating on Maruti with target cut to Rs 5900 from Rs 6600 per share as demonetisation of currency will impact near-term demand.
In an interview to CNBC-TV18, Mayuresh Joshi of Angel Broking shared his readings and outlook on specific stocks and sectors.
Macquarie says Sun Pharma remains its preferred large-cap pharma pick, as it considers it best positioned to make the speciality transition which is essential for long-term growth.