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
Deepak Shenoy of capitalmind.in is of the view that one may prefer KEC International and Trident.
Shahina Mukadam, Independent Market Expert advises buying India Cements with a target of Rs 150.
Shahina Mukadam, Independent Market Expert advises buying HCC with a target of Rs 48.
SP Tulsian of sptulsian.com, explains why he remains positive on PSU banks. He also shares his views on Trident Power and several paper stocks.
Shahina Mukadam, Independent Market Expert feels that Trident may slip to Rs 58.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Sanjiv Bhasin of IIFL recommends buying Trident on any decline with target of Rs 75-85.
SP Tulsian of sptulsian.com tells CNBC-TV18 why he is positive on only select information technology stocks and why his take on Trident as trouble brewing for its competitor Welspun might mean more business for the company.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Axis Bank, Thermax, Opto Circuits, Trident, Supreme Petro, Nucleus Software, Bharat Bijlee, SKS Micro and Ashoka Buildcon.
Sandip Sabharwal of asksandipsabharwal.com is of the view that on emay prefer Trident and Genus Power Infrastructures.
Meghana V Malkan of malkansview.com is of the view that one may buy Tata Chemicals with a target of Rs 505.
Prakash Diwan of Altamount Capital Management recommends buying PVR with a target of Rs 555 and Divis Laboratories for a target of Rs 1,355.
Manav Chopra of Nirmal Bang advises buying CESC for a target price of Rs 465 and Buy Bata India for a target price of Rs 975.