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
TS Harihar of HRBV Client Solutions recommends buying frontline IT stocks including Wipro, Infosys, Tata Consultancy Services, Tech Mahindra and HCL Technologies.
Manoj Murlidharan of Religare Securities is of the view that Tech Mahindra and Hexaware Technologies are the top picks.
Siddharth Bhamre of Angel Broking recommends buying Wipro on dips.
Prakash Diwan, Director at Altamount Capital Management is of the view that one may prefer Infosys, Wipro and HCL Tech.
According to Kawaljeet Saluja of Kotak Institutional EquitiesMarch is seasonally a weak quarter for the sector and expect tier I companies to report growth rate similar or bit better than reported same time last year.
Amit Harchekar of A Plus Analytics is of the view that one may short Wipro with a target of Rs 595.
P Phani Sekhar of Karvy Stock Broking is of the view that one may accumulate financial, auto, pharma and IT stocks.
Pankaj Murarka of Axis Asset Management is of the view that one may prefer IT and healthcare space.
Chandan Taparia of Anand Rathi Securities is of the view that one may go long in Wipro with a target of Rs 675.
Mayuresh Joshi of Angel Broking is of the view that one may look at TCS, Wipro and Infosys.
Rahul Mohindar of viratechindia.com recommends buying Voltas, Wipro and Bharti Airtel.
Anu Jain of IIFL Private Wealth Management is of the view that one may buy Wipro as the stock may move to Rs 720.
Prakash Diwan of Altamount Capital Management is of the view that one may prefer Infosys and Wipro.
While management outlook has been reasonably confident for a while but has not translated into any significant pickups in growth yet, we note that there has been a small acceleration in recent quarters and any significant pickup can also result in re-rating.
Devang Mehta of Anand Rathi Financial Services is of the view that one may look at pharma, IT and FMCG space.
Sudarshan Sukhani of s2analytics.com recommends buying Wipro as the stock may head higher.
Sudarshan Sukhani of s2analytics.com is of the vie wthat one may buy Hindustan Lever with a long term view.Hindustan Unilever
Siddharth Bhamre of Angel Broking recommends buying Wipro on dips.
Sudarshan Sukhani of s2analytics.com is of the view that IT stocks may head higher.
Devang Mehta of Anand Rathi Financial Services is of the view that one may look at Hinduja Global and Wipro.
Siddharth Bhamre of Angel Broking has a positive view on Reliance Industries.
Manoj Murlidharan of Religare Securities has a positive view on IT and feels that PSU banks and cement stocks can outperform.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may hold Wipro and Infosys.
Mayuresh Joshi of Angel Broking is of the view that one may look at IT companies including TCS, Infosys and HCL Tech.
Devang Mehta of Anand Rathi Financial Services is of the view that one may prefer Wipro, Bajaj Corp and Pidilite industries.