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
According to Mitessh Thakkar of miteshthacker.com, one can buy Torrent Pharma and JSW Energy.
Ashwani Gujral of ashwanigujral.com recommends buying Jubilant Life Sciences, JK Lakshmi Cement, Sun TV Network and Torrent Pharma.
Ashish Kyal of Waves Strategy Advisors advises buying Century Textiles with a target of Rs 1040.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Capital First , Power Finance Corporation and Torrent Pharma and sell Bharti Airtel and Tata Motors DVR.
Ashwani Gujral of ashwanigujral.com recommends buying Whirlpool of India, Torrent Pharmaceuticals and Bharat Financial Inclusion.
Sandeep Wagle of powermywealth.com suggests buying Rural Electrification Corporation, Torrent Pharma and M&M Financial Services.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Kotak Mahindra Bank and NMDC.
Mitessh Thakkar of miteshthacker.com suggests buying Torrent Pharma, Wockhardt and Hindustan Unilever and aadvises selling Canara Bank and IDFC Bank.
Gaurav Ratnaparkhi of Sharekhan advises buying Kaveri Seed Company with a target of Rs 489.
Easing regulatory concerns and actions by the US Food and Drug Administration (FDA) will help the sector and improve investor sentiment, Deutsche Bank said in a report.
Sudarshan Sukhani of s2analytics.com suggests buying Bharat Heavy Electricals and Indraprastha Gas and advises selling Amara Raja Batteries and Torrent Pharma.
Gaurav Bissa of LKP Securities is of the view that one may buy Torrent Pharma, Tech Mahindra and Mahindra & Mahindra while on ecan sell Asian Paints.
JP Morgan stays neutral on TCS with target of Rs 2450 per share as company has shown weakness in revenue growth trajectory in recent quarters.
Sudip Bandopadhyay, Market Expert is of the view that one can buy MOIL and NMDC even at current level.
Ashwani Gujral of ashwanigujral.com is of the view that DCB bank can test Rs 130-135.
Nomura is neutral on Lupin and Torrent. It has a buy rating on Dr Reddy‘s and Cadila. It says trailing three-month sales declined sequentially for Torrent, Sun Pharma and Glenmark. Torrent‘s sales were down on account of price erosion in gAbilify. Sun‘s T3M sales declined QoQ due to price erosion and market share loss in gGleevec.
Sandeep Wagle of powermywealth.com recommends buying Mindtree and Bharat Forge and advises selling Torrent Pharma.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ceat and Torrent Pharma and sell BPCL.
Morgan Stanley has overweight rating on Bharat Financial with target at Rs 1125 per share. It says share price will rise relative to the industry over the next 30 days. Collection efficiency has been progressively improving.
Ashwani Gujral of ashwanigujral.com recommends buying Rural Electrification Corporation, Century Textiles and Torrent Pharma.
Ashwani Gujral of ashwanigujral.com recommends selling Tata Steel, State Bank of India and Torrent Pharma.
Vishal Malkan of malkansview.com is of the view that one may buy Biocon with a target of Rs 910.
Ashwani Gujral of ashwanigujral.com recommends buying SBI, Karnataka Bank, Dr Reddy's Laboratories, Torrent Pharma and Bharat Forge.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy MOIL and sell Bharat Financial Inclusion and Torrent Pharma.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares his take on companies that declared their quarterly earnings like Strides Shasun and its peers, Kansai Nerolac and Colgate among others. He also shares his outlook on Eicher Motors.