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
CDSL stock has formed a long-legged doji on the daily chart, indicating market indecision
The company’s operating performance improved in Q3. That needs to sustain for investors to turn positive on the stock
Immediate supports for the Nifty are seen at 21,448 and 21,137, derived from the previous swing lows.
According to analysts at HSBC, the USFDA's warning letter to Cipla hints at a lengthy resolution timeline and incremental costs
Titan's core domestic business has a long runway for growth, according to analysts. Market expansion, buoyant gold prices, and robust demand during the wedding season will boost profitability
The stock of the garment exporter, which crafts products for brands such as GAP, Abercrombie & Fitch, H&M, and Puma, has run up 25 percent in the past week
Healthy financials, debt-free balance sheet, superior return ratios, and reducing working capital cycle make Praj a favourite with analysts. Going forward, the company sees opportunities in SAF, E-27 flex fuel policy, bio-chemicals, and bio-plastics.
The brokerage house says the worst is behind the textile company which is set for a steady recovery in FY24. Hopes of better prospects have supported a 53 percent surge in the stock in the past three months and 82 percent this year
After a robust FY23, the management has guided for 35-40 percent revenue growth in the medium term, on industry tailwinds and marquee customer additions.
The global geopolitical situation and India’s growing emphasis on reducing imports could drive demand for the company’s fighter planes and choppers, along with a demand for their engines and spares.
Kotak Institutional Equities and Motilal Oswal Financial Services have maintained their ‘sell’ rating on India's largest tyre manufacturer--MRF.
Premier explosives is skyrocketing on the back of rising order book. Can business growth justify its valuations?
The company’s established strength in ethanol and engineering are expected to give it a lead in energy transition and related engineering projects locally and globally
While some brokerages believe there is limited upside as the stock is expensive, others feel the company is well-placed in the long term due to global and domestic growth opportunities.
The question is not about when volumes will recover, but over whether they will recover at all. Some analysts see Indraprastha Gas Ltd as an attractive `buy’ option, others advise caution.
The project worth Rs 3,150 crore will see the company install over 75 lakh smart meters in UP. It will provide GMR Power with a steady stream of revenue over the next few years
Fund managers seems to have certainly missed the bus, and now the stock seems to be smiling at them with its 40-percent climb.
Delhivery's integrated logistics services and cost advantages allow it to offer competitive pricing. With a wide national reach, international expansion, and significant investments in automation and technology, the company is expected to increase its market share in the near term.
Analysts agree that Bajaj Auto will certainly offer stiff competition in the premium bike segment but are cautious in their forecast
Thanks to the huge need for electronics in industries like electrical vehicles, infrastructure, industrials, automotive, and consumer goods, India's EMS market is estimated to grow almost six-fold in five years — from $14 billion in FY21 to $81 billion in FY26
Now that the key overhang of management succession is removed, Motilal Oswal Financial Services highlighted that the focus will now return to the fundamental performance of Equitas Small Finance Bank.
The hydraulic gear pumps manufacturer has been increasing its focus on the defence and aerospace businesses, both of which are emerging as celebrity sectors. In the last three years, Dynamatic share price has skyrocketed to almost 500 percent.
For the year ended March 2023, Taparia Tools declared a final dividend of Rs 77.50 a share and an interim dividend of Rs 77.50, translating into a dividend yield of 775 percent each.
Coforge says it is focussing on 16 key priority accounts, from where it expects 45 percent of the incremental growth in FY24. However, it said the demand environment remains uncertain and a recovery in the second half of FY24 is unlikely.
Despite the stellar rally, some analysts believe there are more legs to the ongoing rally. Antique Stock Broking said Mazagon Dock Shipbuilders' stock is still under-valued, while HDFC Securities suggested investors could buy the stock in the range of Rs 1,009-1,050, and add more on dips to the Rs 923-941 band.