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
Sameet Chavan of Angel Broking is of the view that one may buy Motherson Sumi with a target of Rs 376.
Sandeep Wagle of powermywealth.com suggests buying Torrent Power, Voltas and BHEL.
Ashwani Gujral of ashwanigujral.com recommends buying Petronet LNG, Torrent Power and Voltas.
Sandeep Wagle of powermywealth.com is of the view that one can buy Hindalco Industries and sell Voltas.
JP Morgan is overweight on USL with target at Rs 2500 per share as operating performance better than expectations despite demonetisation. It continues to deliver on its strategic intent of focusing on premium.brands. It says franchise model for select popular brands will improve operating model.
Sandeep Wagle of powermywealth.com suggests selling Voltas and Power Finance Corp and advises buying Havells India.
According to Sudarshan Sukhani of s2analytics.com, one can buy ACC, IndusInd Bank and Voltas and advises selling Idea Cellular and Glenmark Pharma.
Sudarshan Sukhani of s2analytics.com suggests buying ACC, Bharat Forge, LIC Housing Finance and Voltas and advises selling Reliance Communications.
Credit Suisse stays outperform rating on L&T and Sadbhav Engineering. It has outperform rating on L&T on pick-up in domestic execution, strong earnings growth.
According to Sudarshan Sukhani of s2analytics.com, one may buy Bata India, Titan Company and Voltas.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Tata Consultancy Services, L&T Finance Holdings and IRB Infra and advises selling Vedanta.
Rakesh Bansal of RK Global is of the view that one may buy IOC with a target of Rs 329.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Indian Oil Corporation and sell JSW Steel and Voltas and feels that Zee Entertainment may move to Rs 350.
According to Ashwani Gujral of ashwanigujral.com, one can buy Reliance Industries and sell Voltas and Infosys.
Credit Suisse says it remained cautious on the cement space as commentary from cement companies turned more negative.
Mitesh Thacker of miteshthacker.com recommends selling Voltas and Britannia Industries.
SP Tulsian of sptulsian.com expresses his concerns over the white goods space and spells out the negatives of the recently listed Sheela Foam. He also talks about Bajaj Finance, Pidilite and Asian Paints.
Rajat Bose of rajatkbose.com is of the view that target for Voltas and Motherson Sumi is Rs 330 while Bharat Forge may hit Rs 958.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Engineers India, Tata Motors and Tata Steel.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Sanjiv Bhasin, Executive VP-Markets & Corporate Affairs of IIFL shared his reading and outlook on the market and also gave recommendations on various stocks.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Indraprastha Gas and Voltas and sell Divis Lab, Finolex Cables.
Ashish Kyal of Waves Strategy Advisors advises buying MMTC with a target of Rs 60.
Ashwani Gujral of ashwanigujral.com recommends selling Shriram Transport Finance, Sun Pharma and Cadila Healthcare.
Hemant Thukral, National Head-Derivative Desk at Aditya Birla Money is of the view that one can short Union Bank and go long in Voltas.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Reliance Infra, Canara Bank and Voltas.