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
Manish Sonthalia of Motilal Oswal AMC prefers Tata Consultancy Services, Infosys and Tech Mahindra within the IT space.
Sudarshan Sukhani of s2analytics.com prefers Tata Consultancy Services and Tech Mahindra within the IT space.
Sudarshan Sukhani of s2analytics.com is of the view that IT stocks may head higher and one may prefers Tata Consultancy Services and Tech Mahindra in that space.
Ashish Kapur of Investshoppe recommends going long in Tech Mahindra with a target of Rs 1,795 and Titan Company with a target of Rs 235.
Ashish Kapur of Investshoppe advises buying Tech Mahindra for a target price of Rs 1,795 and Apollo Tyres for a target price of Rs 87.
Rajeev Agarwal of dynamixresearch.in advises selling Reliance Power with target of Rs 67-64 and Reliance Infrastructure with a target of Rs 405-385.
Sudarshan Sukhani of s2analytics.com sees more upside in Tech Mahindra.
Manas Jaiswal of manasjaiswal.com is of the view that one may buy Apollo Tyres at current levels with a stop loss of Rs 83.
Ashish Kapur of Investshoppe recommends going long in Tech Mahindra with a target of Rs 1,750 and Crompton Greaves with a target of Rs 130.
Shahina Mukadam of Varun Capital recommends buying Tata Motors (DVR) with a target of Rs 196 and Allahabad Bank with a target of Rs 86.
Shrikant Chouhan of Kotak Securities advises selling Bajaj Auto with a target of Rs 1900-1890 and buying Sesa Sterlite with a target of Rs 202.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy HCL Technologies.
Jigar Shah of Kim Eng Sec prefers CMC, Hexaware Technologies, KPIT Technologies and Tech Mahindra from midcap IT space.
Andrew Holland, CEO at Ambit Investment Advisors advises picking Infosys, TCS and Tech Mahindra from the IT space.
Sudarshan Sukhani of s2analytics.com recommends buying Tech Mahindra as the stock may see higher levels.
Nooresh Merani of Analyse India advises buying NALCO for a target price of Rs 43 and Chambal Fertiliser for a target price of Rs 42.
SP Tulsian of sptulsian.com feels that Tech Mahindra may touch Rs 1,780 in a month.
Sanju Verma, Group CEO of Violet Arch Capital is bullish on Tech Mahindra. "For the last six quarters, it has shown a CQGR revenue growth in dollar terms of 4.6 percent which is excellent even in the September quarter," she reasoned.
Prakash Diwan of Altamount Capital Management is of the view that one may book profits in Tech Mahindra.
Krishna Kumar Karwa, MD at Emkay Global Financial Services is positive on Tech Mahindra.
Nitin Raheja, founder of ADF Advisors likes KPIT Technologies and Tech Mahindra within the midcap IT space. He also likes rating agency CARE.
Dipan Mehta, member of BSE and NSE is of the view that one may pick Tech Mahindra from technology space and Sun Pharmaceutical Industries within the pharma space.
Meghna Malkan of malkansview.com recommends buying Tech Mahindra with a target of Rs 1720 and Crompton Greaves with a target of Rs 123.
Meghna Malkan of malkansview.com advises buying Larsen and Toubro for a target price of Rs 1040 and Adani Ports for a target price of Rs 169.
Nischal Maheshwari of Edelweiss Financial Services is of the view that one may accumulate Infosys, Tech Mahindra and Persistent Systems from the IT space.