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
Krish Subramanyam of Altamount Capital is of the view that one may buy Power Finance Corporation (PFC) August Futures and also sell a 230 Call at around Rs 3.70.
Ashish Kyal of wavesstrategy.com is of the view that one may buy Tata Global Beverage with a target of Rs 145.
Naveen Kulkarni, Telecom Analyst at Phillip Capital recommends buying Bharti Airtel and and Idea Cellular.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell KPIT Technologies and Idea Cellular.
Digesh Shah of Veracity Fin is of the view that one may buy NCC with a target of Rs 84.
Rajat Bose of rajatkbose.com recommends buying Cadila Healthcare, Colgate Palmolive and Idea Cellular.
According to Krish Subramanyam of Altamount Capital, one may buy Idea Cellular with a target of Rs 111.
Sandeep Wagle of powermywealth.com is of the view that one can sell Rural Electrification Corporation and Idea Cellular and buy Torrent Pharma.
Aditya Agarwal, Senior Derivative Analyst at Way2wealth Securities is of the view that one can buy Sun Pharma, Idea Cellular and NCC and sell Hindalco Industries.
According to Rajat Bose of rajatkbose.com, Idea Cellular is a good buy for target of Rs 109.
Sameet Chavan of Angel Broking is of the view that one may buy Ceat with a target of Rs 840.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Engineers India, Aditya Birla Nuvo and Reliance Capital.
The management is confident that after Reliance Jio launch, top three telecom companies overall market share may not get impacted benefitting by adding low-end subs although they may lose some high-end subscribers. Idea considers low-end customer to be profitable and does not see margin dilution from this subscribers base.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hexaware Technologies and sell Idea Cellular.
Ashish Kyal of wavesstrategy.com is of the view that one may buy Petronet LNG with a target of Rs 303.
Sharmila Joshi of sharmilajoshi.com advises exiting Idea Cellular on bounce.
Prakash Gaba of prakashgaba.com is of the view that one may exit Idea Cellular.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Idea Cellular and Strides Shasun and buy Pidilite Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Reliance Industries and sell Idea Cellular and Reliance Communications.
SP Tulsian of sptulsian.com is negative on Idea Cellular.
Sudarshan Sukhani of s2analytics.com is of the view that one can short Bharat Forge and HDIL.
Sudarshan Sukhani of s2analytics.com recommends buying Aditya Birla Nuvo.
Sudarshan Sukhani of s2analytics.com recommends buying Zee Entertainment and ONGC and advises selling Idea Cellular.
Though Relaince Jio is going to benefit from the current decision, Bharti Airtel is even more poised to take the 4G battle ahead, said Prakash Diwan of prakashdiwan.in.
On a weighted average (including 2300 MHz), Bharti‘s SUC may fall to 3.8-3.9 percent from 5-5.2 percent, say analysts. As per Credit Suisse estimates, Bharti may see 85 basis points (bps) EBITDA margin benefit by it.