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
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.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Oriental Bank of Commerce and sell HCL Technologies and Tech Mahindra.
Sandeep Wagle of powermywealth.com recommends buying Reliance Infrastructure and Container Corporation of India and advises selling Tech Mahindra.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market.
The UK accounts for 9-15 percent of revenues for Indian IT firms, with the highest exposure at TCS and the lowest at Infosys. IT stocks are reeling under pressure on Monday with TCS, Infosys, HCL Tech and Tech Mahindra losing around 1 percent each.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Allcargo Global with a target of Rs 180.
Rajesh Agarwal of Aum Capital feels that Tech Mahindra may test Rs 560.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one can buy Coal India, Tech Mahindra and Indiabulls Real Estate.
Bank of America Merrill Lynch feels that Brexit may create recession risks that could hurt IT demand further hurting 10-14 percent revenue growth for the UK businesses of the Indian IT companies in FY17.
Prakash Gaba of prakashgaba.com recommends going long in SpiceJet and Hindustan Zinc and feels that Reliance Industries may test Rs 1020.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hero MotoCorp, Tech Mahindra and Tata Consultancy Services and feels that Coromandel International may hit Rs 320.
Rakesh Bansal of RK Global recommends buying Tech Mahindra, Bajaj Auto, Hero MotoCorp and Container Corporation of India.
Rishi Kohli, MD & CEO of ProAlpha Systematic Capital has a bullish stance on Bharat Petroleum Corporation with a target of Rs 1100 and recommends going long in Tech Mahindra.
The ability of Indian IT to protect margins will be tested in FY2017 largely due to many moving parts and increased complexities that would make execution of traditional margin levers difficult in the near term, says the Kotak Institutional Equities note to clients
Ashwani Gujral of ashwanigujral.com recommends buying Tech Mahindra, EID Parry and Indiabulls Housing Finance.
Ashish Kyal of wavesstrategy.com recommends buying Tech Mahindra and Kajaria Ceramics and advises selling Sun Pharma.
Sudarshan Sukhani of s2analytics.com recommends selling BEML and advises buying NTPC and Tech Mahindra.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tech Mahindra, Tata Motors DVR and Hero MotoCorp.
Ashwani Gujral of ashwanigujral.com feel that Tech Mahindra may test Rs 650 and Reliance Industries may move to Rs 1050-1060.
Gaurang Shah of Geojit BNP Paribas is of the view that one may look at Mindtree, Tech Mahindra and Info Edge.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Larsen & Toubro and Tech Mahindra.
Ambareesh Baliga, Market Expert is of the view that one can see 4-5 percent upside in IT stocks.
According to Ashwani Gujral of ashwanigujral.com, one can sell 25-30 percent returns in Tech Mahindra over the next few months.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Indiabulls Real Estate.
Ashwani Gujral of ashwanigujral.com recommends buying IndusInd Bank, Havells India and Axis Bank.