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
Prakash Diwan of prakashdiwan.in recommends buying VA Tech Wabag.
R Sreesankar, Head - Institutional Equities at Prabhudas Lilladher is of the view that Jubilant Life Sciences offers a great risk reward.
R Sreesankar, Head-Institutional Equities at Prabhudas Lilladher likes Va Tech Wabag and feels that one can buy Aurobindo Pharma.
According to R Sreesankar, Head - Institutional Equities at Prabhudas Lilladher, HDFC Bank and Infosys are the top picks and likes State Bank of India, ICICI Bank, Larsen & Toubro, Maruti Suzuki India, Tata Motors, IndusInd Bank and Indian Oil Corporation.
Midcap stocks which were favoured by the market on Monday saw some sharp selling today. But fret not, here are some midcap trading ideas suggested by Credit Suisse.
Devang Mehta of Anand Rathi Financial Services is of the view that one may prefer Eros Entertainment and Arvind.
Here are top 10 stocks to keep an eye on February 9 - Tata Power, Reliance Infra, DLF, Tata Steel, Jet Airways, Jammu and Kashmir Bank (J&K) Bank, Marico Kaya, Apollo Tyres, IPCA Labs, Balmer Lawrie, TV Today, Technocraft, Vascon Engineers, Pricol AND VA Tech Wabag.
Here are the top 10 stocks to focus on January 5- Infosys, Indiabulls Housing, SBI, PNB, Manjushree Tech, Ashok Leyland, TTML, Cadila Health, L&T and VA Tech Wabag.
Dipen Shah, Senior Vice President & Head - PCG Research at Kotak Securities is positive on Voltas, Cummins India and VA Tech Wabag.