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
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer Infosys, TCS, HCL Tech and Tech Mahindra.
Ashwani Gujral of ashwanigujral.com recommends selling NIIT Tech, JSW Energy and Tech Mahindra.
Ashwani Gujral of ashwanigujral.com recommends selling Tech Mahindra, Allahabad Bank and UltraTech Cement.
Ashwani Gujral of ashwanigujral.com recommends buying Himatsingka Seide and Ramco Cement.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Zee Entertainment Enterprises.
Things are not rosy for the IT sector and analysts warn that pain is going to linger. Stating that 9 of 11 companies have moderated growth outlook, Nomura says demand slowdown is broad-based and distributed across verticals, with concerns related to macro, uncertainty due to Brexit and discretionary pullbacks being commonly cited.
Citi has a sell rating on TCS with a target at Rs 2447 per share on premium valuations in the sector context.
Ashwani Gujral of ashwanigujral.com recommends buying Siemens and Tata Chemicals and advises selling Tech Mahindra and TCS.
According to Ashwani Gujral of ashwanigujral.com, one can buy Zydus Wellness and sell Tech Mahindra and Tata Motors.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sector.
According to Ashwani Gujral of ashwanigujral.com, one can buy Heritage Foods and sell Hindustan Petroleum Corporation and Tech Mahindra.
Sandeep Wagle of powermywealth.com recommends selling Bharat Financial Inclusion and Tech Mahindra and buy TVS Motor Company.
Mitesh Thacker of miteshthacker.com is of the view that one can buy HCL Tech on declines and likes Apollo Hospitals.
HCL Technologies posted good Q1 (FY17) numbers. SP Tulsian of sptulsian.com said that although positive bias can be seen building up for guidance, one shouldn't take a call on a company on its quarterly performance. From technology pack, he prefers Infosys followed by HCL Technologies.
Rajat Bose of rajatkbose.com recommends buying Tech Mahindra with target of Rs 503-507.
Sandeep Wagle of powermywealth.com is of the view that one can buy Hero MotoCorp, Tata Communications and Tech Mahindra.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
Mitesh Thacker of miteshthacker.com recommends buying HCL Tech and sell Bank of India while he feels that Tech Mahindra may retest Rs 465.
Credit Suisse has downgraded Ashok Leyland to underperform as commercial vehicle volume may disappoint going forward. Target is cut to Rs 77 per share and FY17 volume growth is lowered to 12 percent from 22 percent.
According to Avinash Gorakshakar, Market Expert, one may avoid Tech Mahindra.
Sandeep Wagle of powermywealth.com, advises selling Tech Mahindra on bounce back.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Tech Mahindra and Mindtree.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Mahindra & Mahindra Financial Services and Tech Mahindra and buy Tata Motors.
In an interview to CNBC-TV18, Prakash Diwan, Investment Evangelist at prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
Rakesh Bansal of RK Global is of the view that one can buy ACC, Granules India, Maruti Suzuki and Siemens and sell Just Dial and Tech Mahindra.