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
Mitessh Thakkar of mitesshthakkar.com feels that Yes Bank may test Rs 350.
Prakash Gaba of prakashgaba.com is of the view that one may stay invested in Yes Bank.
Avinnash Gorakssakar, Market Expert is of the view that one may hold Yes Bank.
We filtered stocks whose earnings per share grew steadily every year for the last 5 fiscal years. Only seven stocks passed the criteria.
According to Prakash Gaba of prakashgaba.com, one may stay invested in IDFC.
Shahina Mukadam, Independent Market Expert is of the view that one may prefer Yes Bank over IDFC.
Yogesh Mehta of Motilal Oswal is of the view that one can buy Maruti Suzuki and Mindtree and can short YES Bank.
Sandeep Wagle of powermywealth.com feels that Yes Bank may test Rs 380-400 in 12-15 months.
Mitessh Thakkar 0f mitesshthakkar.com has a buy on Ajanta Pharma with a stop loss of Rs 1237, target of Rs 1360 and a buy on DLF with a stop loss of Rs 215, target of Rs 245.
Prakash Gaba of prakashgaba.com advises buying Bajaj Finance with target Rs 1820.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HUL, Dabur India, Arvind and ACC and sell Colgate Palmolive and Yes Bank.
On a month-on-month (MoM) basis, the weight of PSU Banks, Oil & Gas, Telecom, Consumer, Infrastructure and Real Estate increased, while that of Private Financials, Technology and Metals showed signs of moderation, Motilal Oswal said in a report
Chandan Taparia of Motilal Oswal Securities suggests buying Tata Consultancy Services, Jindal Steel & Power and Yes Bank.
Chandan Taparia of Motilal Oswal Securities is of the view that one can buy Jubilant Foodworks and Indiabulls Housing Finance and can sell Yes Bank.
Yogesh Mehta of Motilal Oswal recommends buying Bharat Financial Inclusion, Yes Bank and Cholamandalam Investment.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Bajaj Finance and ICICI Prudential and can buy Tech Mahindra and Bharti Infratel while Britannia Industries is likely to outperform.
In an interview to CNBC-TV18's Latha Venkatesh, Surabhi Upadhyay and Anuj Singhal, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
Domestic money has been one of the driving factors in driving rally in the small and midcap space but analysts’ are of the view that the risk to midcaps is a change in the global liquidity, which will impact the overall performance of the broad market risking mid-caps to underperform.
Ashwani Gujral of ashwanigujral.com feels that Yes Bank may test Rs 380-385.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Mahindra & Mahindra Financial Services, PFC, Yes Bank and TVS Motor and can sell IDFC Bank and Jaiprakash Associates.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank, United Spirits and VIP Industries.
Ashwani Gujral of ashwanigujral.com feels that Yes Bank may test Rs 400.
The bank is well-capitalised with a very healthy capital adequacy ratio, steadily capturing market share in advances. It has been building a solid low-cost liability franchise. Investors cannot ignore these fundamental strengths.
In an interview to CNBC-TV18's Surabhi Upadhyay and Prashant Nair, Harsha Upadhyaya of Kotak Mutual Fund and Ashwani Gujral of ashwanigujral.com shared their ideas on the market and specific stocks.
Ashwani Gujral of ashwanigujral.com suggests buying ICICI Bank and Future Consumer and advises holding L&T Finance Holdings.