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 Vishal Malkan of malkansview.com, Torrent Pharmaceuticals is a good bet in the pharmaceutical space.
Dipan Mehta, Member of BSE & NSE is of the view that one may prefer MindTree, Zensar Technologies, Cadila Healthcare and LIC Housing Finance.
According to Saurabh Mukherjea, CEO-Institutional Equities at Ambit Capital, one may see downside in Larsen and Toubro and UltraTech Cement.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - UPL, Rallis India, Glenmark Pharmaceutical, Torrent Pharmaceutical, Suven Life Sciences, Jindal Steel and Power Limited (JSPL), Uttam Galva, Bhushan Steel, Shree Pushkar Chemicals & Fertilisers & Pennar Engineered Building Systems.
CNBC-TV18's research team brings you the cherry-picked companies from among thousands of listed stocks, which stand out on their own fundamentals. Two worthy of an A-list stature are Alembic Pharma and Marico.
Kunal Bothra of LKP Securities is of the view that one may look at Larsen and Toubro and Torrent Pharma.
Daljeet Singh Kohli of India Nivesh Securities is of the view that Divis Laboratories and Torrent Pharmaceuticals are still good buys.
According to Sudarshan Sukhani of s2analytics.com, one can buy Torrent Pharma on dips.
Anmol Ganjoo of JM Financial likes Divis Laboratories and Torrent Pharma from the pharma space.
Dipan Mehta, Member at BSE & NSE is extremely positive on the pharma industry but feels that Sun Pharma will underperform.
Daljeet Singh Kohli, head of research at India Nivesh Securites is bullish on Torrent Pharma, Pitti Laminations, Bank of Baroda and Federal Bank.
Hemindra Hazari, independent market expert is of the view that Midcap pharma is going to be a better bet because large cap pharma.
Dipan Mehta - member at BSE & NSE maintains overweight position on pharma as well as private sector banks.
Daljeet Singh Kohli of India Nivesh Securities has a buy rating on midcap stocks like Pennar Industries and Torrent Pharma.
Daljeet Singh Kohli expects better performance of Infosys to continue in Q2 as well and thinks it is a good time to accumulate on the stock.
Phani Sekhar, Fund Manager--PMS at Karvy Stock Broking has a positive view on largecap pharma space.
So, as Indian market gets back to its feet again, here are 10 stocks that you can buy or sell as suggested by Ambit.
Vineet Bhatnagar - MD at Phillip Capital expects 10-15 percent upside in midcap pharma stocks including Glenmark Pharma, Divis Laboratories, Torrent Pharma and Cadila Healthcare.
Sudarshan Sukhani of s2analytics.com recommends buying Colgate Palmolive and Glenmark Pharma.
Here are top 10 stocks to focus on April 6 - Idea Cellular, Aban Offshore, IGL, Reliance Infra, Tata Power, Sun Pharma, Coal India, TVS Motor, Hero Moto and Tata Motors.
Rajesh Kothari, MD, AlfAccurate Advisors advises holding Cadila Healthcare, Torrent Pharma, Infosys, HCL Tech and TCS.
The stock hit an all-time high of Rs 1223 towards January-end 2015 and, thereafter, entered a sideways corrective phase to work off the short-term overstretched conditions developed after the strong rally from October 2014 low of Rs 811 to January life-time highs.
Anmol Ganjoo of JM Financial Institutional Securities is of the view that one may prefer Dr Reddy's Laboratories, Lupin, Cipla, Ipca Labs and Torrent Pharma.
Here are top 10 stocks to keep an eye on December 24 - GMR Infra, Torrent Pharma, JP Associates, Ultratech Cement, Nirlon, Godrej Industries, Sobha Developers, Fulford India, Marico and Gujarat Gas.
For the largecap pharma companies the game has become completely US-cued. So, US will be the driver for Dr Reddys and Lupin, says Anmol Ganjoo.