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
Kunal Saraogi of Equityrush recommends buying Voltas and advises selling IFCI.
Manas Jaiswal of manasjaiswal.com is of the view that Voltas may test Rs 275.
Amol Rao Analyst at Anand Rathi Institutional Equities recommends holding Voltas.
Navneet Daga of KR Choksey Securities expects Voltas to move towards Rs 285-290 in September series.
Amit Khurana, Co- Head Equites & Head of Research at Dolat Capital Market is of the view that one can pick Axis Bank, Crompton Greaves and Voltas.
Vikas Khemani, CEO, Wholesale Capital Markets of Edelweiss Financial Services has a positive view on Voltas.
Kunal Saraogi of Equityrush advises buying Voltas with a target of Rs 252 and Hindustan Petroleum Corporation with a target price of Rs 470.
Shahina Mukadam, Varun Capital advises going short on IDBI Bank for a target price of Rs 73 and Power Finance Corporation for a target price of Rs 245.
I think distinctly possible if you are asking me for the next 15-days, one and a half month, ahead of the festival season, distinctly possible because the momentum is in favour, liquidity is there in the market and people are chasing the stock because of improvement in earnings, says Mehraboon Irani.
Kunal Bothra, Head of Advisory at LKP is of the view that Voltas may test Rs 260.
Sudarshan Sukhani of s2analytics.com is upbeat on Bharat Heavy Electricals and recommends buying the stock.
Deven Choksey of KR Choksey Shares & Securities is of the view that one may accumulate Voltas on declines.
Shares of Voltas soared 2.56 percent on improved ordering environment to improve in GCC nations by end of FY15. Analysts believe the stock is likely to benefit from upswing in residential as well as commercial real estate.
Rahul Mohindar, technical analyst at Viratechindia.com recommends buying Voltas with a target of Rs 260.
Ajay Bodke of Prabhudas Lilladher is cautious on capital goods stocks.
According to Ambareesh Baliga of Edelweiss Financial Services, one may buy Voltas and Crompton Greaves.
Chandan Taparia, derivative & technical analyst at Anand Rathi Sec advises buying Voltas on declines as the stock may go above Rs 150.
Ambareesh Baliga of Edelweiss Financial Services has a positive view on Voltas at the current levels.
According to Ashish Chaturmohta of Fortune Equity Broker, one may go long in Voltas as the stock may test Rs 140-145.
Sudarshan Sukhani of s2analytics.com recommends buying Voltas.
Kunal Saraogi of Equityrush recommends buying Muthoot Finance with a target of Rs 173 and advises selling Steel Authority of India with a stoploss at Rs 59.
Manav Chopra, Nirmal Bang advises buying Allahabad Bank for a target price of Rs 78 and Muthoot Finance for a target price of Rs 180.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy BHEL, ICICI Bank and Voltas.
Nischal Maheshwari of Edelweiss Securities advises accumulating capital good stocks on dip.
Aditya Agarwal of Way2wealth advises buying Tata Consultancy Services with a target of Rs 2260-2275 and IRB Infrastructure Developers with a target of Rs 82.