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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

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  • Trade Spotlight: How should you trade NHPC, CDSL, L&T, M&M, Hero Motocorp and others?

    CDSL stock has formed a long-legged doji on the daily chart, indicating market indecision

  • Will MFs hiking stake in Whirlpool drive a rerating of the stock?

    Will MFs hiking stake in Whirlpool drive a rerating of the stock?

    The company’s operating performance improved in Q3. That needs to sustain for investors to turn positive on the stock

  • Hot Stocks | Bet on HCL Technologies, KEC International for double-digit returns

    Hot Stocks | Bet on HCL Technologies, KEC International for double-digit returns

    Immediate supports for the Nifty are seen at 21,448 and 21,137, derived from the previous swing lows.

  • Cipla shares show recovery, gain 1% after HSBC maintains 'buy' tag

    Cipla shares show recovery, gain 1% after HSBC maintains 'buy' tag

    According to analysts at HSBC, the USFDA's warning letter to Cipla hints at a lengthy resolution timeline and incremental costs

  • Titan surges past the highest target price, hits Rs 3 lakh crore market cap. What now?

    Titan surges past the highest target price, hits Rs 3 lakh crore market cap. What now?

    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

  • Gokaldas Exports strikes gold with Atraco acquisition, gains duty-free access to US

    Gokaldas Exports strikes gold with Atraco acquisition, gains duty-free access to US

    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

  • Sugar rush for Praj Industries: Ethanol blending and decarbonisation themes to unfold

    Sugar rush for Praj Industries: Ethanol blending and decarbonisation themes to unfold

    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.

  • Indo Count hits 52-week high on ICICI Securities' 'buy' call

    Indo Count hits 52-week high on ICICI Securities' 'buy' call

    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

  • Syrma: Soaring demand for electronics, govt boosters to fuel high growth

    Syrma: Soaring demand for electronics, govt boosters to fuel high growth

    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.

  • HAL and Hearty: Flying high on defence demand

    HAL and Hearty: Flying high on defence demand

    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.

  • Tyre maker off the road: MRF may face margin woes

    Tyre maker off the road: MRF may face margin woes

    Kotak Institutional Equities and Motilal Oswal Financial Services have maintained their ‘sell’ rating on India's largest tyre manufacturer--MRF.

  • From fizzle to sizzle: This stock has rallied 700% in the past three years. Here is why

    From fizzle to sizzle: This stock has rallied 700% in the past three years. Here is why

    Premier explosives is skyrocketing on the back of rising order book. Can business growth justify its valuations?

  • Praj Industries: What's got the ball rolling?

    Praj Industries: What's got the ball rolling?

    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

  • L&T buyback: Will it continue to propel the stock higher?

    L&T buyback: Will it continue to propel the stock higher?

    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 Strange case of IGL: Analysts diverge over volumes and valuation

    The Strange case of IGL: Analysts diverge over volumes and valuation

    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.

  • Know your stock | Can smart metering order change the complexion of GMR Power, and create value for shareholders?

    Know your stock | Can smart metering order change the complexion of GMR Power, and create value for shareholders?

    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

  • Local MFs dumped HAL in May, June and now scream ‘plot twist’ as stock hits record high

    Local MFs dumped HAL in May, June and now scream ‘plot twist’ as stock hits record high

    Fund managers seems to have certainly missed the bus, and now the stock seems to be smiling at them with its 40-percent climb.

  • Sucker Punch: Will Flipkart’s venture into logistics knock Delhivery sideways?

    Sucker Punch: Will Flipkart’s venture into logistics knock Delhivery sideways?

    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.

  • Bikes in a battle: Can Bajaj Auto take a bite from Royal Enfield's market pie?

    Bikes in a battle: Can Bajaj Auto take a bite from Royal Enfield's market pie?

    Analysts agree that Bajaj Auto will certainly offer stiff competition in the premium bike segment but are cautious in their forecast

  • EMS sector on a roll: Are there more legs to some of the chartbusters?

    EMS sector on a roll: Are there more legs to some of the chartbusters?

    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

  • Robust growth by Equitas Small Finance Bank to be a trigger for re-rating: Motilal Oswal

    Robust growth by Equitas Small Finance Bank to be a trigger for re-rating: Motilal Oswal

    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.

  • Dynamatic Technologies: Piggybacking on sunrise sectors

    Dynamatic Technologies: Piggybacking on sunrise sectors

    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.

  • Hammer and tongs: Taparia Tools’ dividend yield comes in at 1550%

    Hammer and tongs: Taparia Tools’ dividend yield comes in at 1550%

    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 sends mixed signals, Street divided

    Coforge sends mixed signals, Street divided

    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.

  • To Buy, Or Not To Buy: This warship builder’s stock gained nearly 60% in a month

    To Buy, Or Not To Buy: This warship builder’s stock gained nearly 60% in a month

    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.

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