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
Independent Analyst Sharmila Joshi advises buying Tata Elxsi for a target price of Rs 420 and Sintex for a target price of Rs 33.5.
According to Vishal Malkan of malkansview.com, Voltas may touch Rs 175-180 in the next two quarters.
Meghana Malkan of malkansview.com recommends buying Voltas with a target of Rs 132 and Reliance Communications with a target of Rs 127.
Ambareesh Baliga of Edelweiss Financial Services feels that Crompton Greaves and Voltas may go to Rs 160-180.
Shahina Mukaddam of Varun Capital advises buying Exide Industries for a target price of Rs 106.50 and Arvind for a target price of Rs 150.
According to SP Tulsian of sptulsian.com, one can prefer Crompton Greaves and Voltas with six to twelve months perspective.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Voltas as the stock has more upside.
Sudarshan Sukhani of s2analytics.com recommends buying Aurobindo Pharma and Voltas.
According to Sharmila Joshi of sharmilajoshi.com, one may buy SKS Microfinance with a target of Rs 183 and LIC Housing Finance with a target of Rs 207.
Mehraboon Irani of Nirmal Bang Securities recommends buying Voltas.
Navneet Daga of KR Choksey Securities recommends buying Voltas futures and advises selling 125 Call.
Shrikant Chouhan of Kotak Securities advises buying Century Textiles and Industries with a target of Rs 320-335 and JSW Steel with a target of Rs 885-890.
Saurabh Mukherjea, CEO-Institutional Equities at Ambit Capital is of the view that one may buy Voltas.
Chandan Taparia of Anand Rathi Securities suggests buying Voltas with a target of Rs 118-119.
According to Gaurav Ratnaparkhi of Sharekhan, one may buy Coal India with a target of Rs 263 and Voltas with a target of Rs 115.
Amisha Vora of Prabhudas Lilladher advises accumulating Voltas and Crompton Greaves. She likes both stocks.
According to VK Sharma of HDFC Securities, one may buy Crompton Greaves and Voltas 110 call each.
Shardul Kulkarni of Angel Broking advises profit booking in Crompton Greaves and Voltas. "Sell into the pullback rally, the overall broader trend still remains on the downside," he adds.
Sudarshan Sukhani of s2analytics.com suggests buying Voltas for intraday.
SP Tulsian of sptulsian.com is of the view that Crompton Greaves may go upto Rs 124-125.
Manav Chopra of Nirmal Bang recommends buying Unitech and Voltas.
Krish Subramanium of Asit C Mehta Investment advises buying Opto Circuits India for a target price of Rs 29.50 and Canara Bank for target of 275.
Dipen Shah, Senior Vice President & Head - PCG Research at Kotak Securities is positive on Voltas, Cummins India and VA Tech Wabag.
Shrikant Chouhan of Kotak Securities suggests buying Voltas with a target of Rs 110 and Reliance Industries with a target of Rs 905.
Sharmila Joshi of sharmilajoshi.com recommends buying Arvind with a day target of Rs 157.50 and Sun Pharma Advanced Research Company with a target of Rs 174.