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
Deven Choksey of KRChoksey Investment Managers is of the view that one can enter Ramco Cements on correction.
According to Deepak Shenoy of capitalmind.in, one may prefer Ramco Cements, Repco Home Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Reliance Communications, Indiabulls Housing Finance and Ramco Cements.
Deven Choksey of KRChoksey Invst Managers likes Sun Pharmaceutical Industries, Cipla and Glenmark Pharma from the pharma space.
Deven Choksey of KRChoksey Invst Managers is of the view that one can add Ramco Cement in the portfolio and prefers UltraTech Cement.
Deven Choksey of KR Choksey Shares & Securities is bullish on The Ramco Cements and recommends holding the stock with a view of at least two-three years .
Aashish Tater of FortuneWizard.com is of the view that one can look for good risk reward at current level in Ramco Industries and feels that the stock may test Rs 110-125 over next 3-4 months.
Here are top 10 stocks to focus on February 5 - EIL, UPL, HDFC Bank, Bharti Airtel, Aurobindo Pharma, Ramco Cements, JB Chemicals and KEC International.
Here are top 10 stocks to keep an eye on November 7 - Ranbaxy, DLF, Bata, Cadila, Cummins, Ramco Cements, Ashok Leyland, Canara Bank, Escorts and HDFC Bank.
Kunj Bansal of Centrum Wealth Management is of the view that The Ramco Cements is a very good buy and feels that Bata India is a good opportunity.
Vishal Jajoo of Nirmal Bang Securities is of the view that one may prefer The Ramco Cements.
AK Prabhakar, Independent Advisor advises buying Ramco Cements for a target price of Rs 354 and Infosys for a target price of Rs 4,200.
According to Ajay Bodke of Prabhudas Lilladher, Ramco Cements and JK Lakshmi Cement are the top picks from the midcap cement space.
According to Krish Subramanium of Asit C. Mehta, one may sell Glenmark Pharma with a target of Rs 507 and The Ramco Cements with a target of Rs 187.
One can buy on Madras Cements with a target price of Rs 174. It is one of the most efficient cement players in South India and the fact is that it has got lowest exposure to volatile markets of Andhra Pradesh that provides some sort of stability to it, says Vishal Jajoo of Nirmal Bang.
Prakash Diwan of Altamount Capital Management advises buying Emami with a target price of Rs 499 and Motherson Sumi with a target price of Rs 230.90.
SP Tulsian of sptulsian.com recommends to buy Mangalore Chemicals with a day target of Rs 45.50 and buy Edelweiss Financial with a day target of Rs 33.50.
SP Tulsian of sptulsian.com says Madras Cements now ruling at around Rs 215-216 looks a good short-term buy for a week to 10 days view, for a price target of Rs 230.
SP Tulsian of sptulsian.com recommends to buy Mangalore Chemicals with a target price of Rs 45.50 and Edelweiss Financial with a target price of Rs 33.50.
SP Tulsian of sptulsian.com advised selling JSW Steel with a target price of Rs 702 and selling Jaiprakash Associates with a target price of Rs 62.
SP Tulsian of sptulsian.com advised going long on Mahindra Satyam and Madras Cement. These stocks can rally 5-7 percent next week, he added.
SP Tulsian of sptulsian.com advises investors to be short on companies that have huge foreign debt owing to the depreciating rupee. He asks them to watch out for key announcements next week.
Asian Paints and Berger Paints are the preferred bets from paint space, says SP Tulsian of sptulsian.com. He think that as Berger Paints corrected can again give a return of about 5 to 7 percent in the next one week.
Madras Cements has a potential target of Rs 255 to Rs 260, says Shardul Kulkarni of Angel Broking.
SP Tulsian of sptulsian.com advised going long in Bata India and Madras Cement at current levels.