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
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Bosch, TVS Motor and Axis Bank.
In an interview to CNBC-TV18 Deven Choksey of KRChoksey Investment Managers shared his reading and outlook on the market and also gave recommendations on various stocks.
Macquarie has neutral call on Tech Mahindra but reduced target price to Rs 465 from Rs 502 per share. Pick-up in revenue and margin in arms could help the stock get re-rated.
VK Sharma, Head Private Broking & Wealth Management at HDFC Securities is of the view that one can buy BPCL, HPCL, TVS Motor and India Cements.
Kunal Saraogi of Equityrush is of the view that one may buy Federal Bank with a target of Rs 84.
Ashwani Gujral of ashwanigujral.com recommends buying Petronet LNG, TVS Motor, BPCL, PNB and LIC Housing Finance.
Nomura reiterates buy on YES Bank with a target price of Rs 1510 per share. Retail momentum building plus asset quality performance better than peers
Ashwani Gujral of ashwanigujral.com is of the view that one can buy GNFC, Century Textiles, Bajaj Auto and Hero MotoCorp and sell Petronet LNG.
Chandan Taparia of Anand Rathi Securities is of the view that one can buy ONGC, TVS Motor and Bajaj Finance and sell Aditya Birla Nuvo.
Here are 8 stocks that brokerage firms are focussing on as Q2 results start. Jefferies has buy rating on Infosys with target price cut to Rs 1280 per share from Rs 1350 per share but strong performance is let down by lackluster guidance. It says reasonable valuation, growth pick up post second half justifies buy rating.
Sameet Chavan of Angel Broking recommends buying Just Dial with a target of Rs 492 and sell Glenmark Pharma with a target of Rs 860.
VK Sharma of HDFC Securities recommends buying Tata Comunications 620 Call.
Krish Subramanyam of Altamount Capital is of the view that one can buy TVS Motor 360 Call and sell 390 Call.
Here are top stock picks from auto, telecom and oil & gas space. CLSA upgrades Tata Steel to buy from sell with target price of Rs 500 and upgrades JSW Steel to buy from sell with target price at Rs 2400 per share.
In an interview with CNBC-TV18, market expert SP Tulsian listed his stock picks and shared his market outlook.
Ashwani Gujral of ashwanigujral.com suggests buying Ceat, Voltas, Century Textiles, TVS Motor and Bharat Financial Inclusion.
Chandan Taparia of Anand Rathi Securities is of the view that one may buy Tata Communications, TVS Motor and Coal India.
Ashwani Gujral of ashwanigujral.com suggests buying Canara Bank and TVS Motor.
Ashwani Gujral of ashwanigujral.com advises selling Cipla and Wockhardt.
Kunal Saraogi of Equityrush is of the view that one may sell PTC India with a target of Rs 70.
Ashwani Gujral of ashwanigujral.com feels that TVS Motor may touch Rs 400-420.
Ruchit Jain of Angel Broking is of the view that one may buy Havells India with a target of Rs 432.
Nomura maintains buy call on HDFC Bank with target increased to Rs 1520 from Rs 1325 per share. It says the bank may deliver a 20 percent loan CAGR over FY16-19, adding specific SME sub-sectors may continue to see marginally elevated slippages. It says asset quality situation is very manageable.
Sharmila Joshi of sharmilajoshi.com is of the view that one may remain invested in TVS Motor.
VK Sharma of HDFC Securities is of the view that one may buy TVS Motor 350 Call and TV18 Broadcast 45 Call.