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
AK Prabhakar, Independent Advisor recommends buying Adani Enterprises with a target of Rs 273 and Dena Bank with a target of Rs 63.
Shahina Mukadam of Varun Capital recommends buying Tata Motors (DVR) with a target of Rs 196 and Allahabad Bank with a target of Rs 86.
Vikrant Jadeja of Vibrant Trades suggests buying Gail India with a target of Rs 345 and Cadila Healthcare with a target of Rs 780.
Mayuresh Joshi of Angel Broking advises selling Wockhardt on rallies.
Rathi recommends booking profit in Lupin at current valuations. He has a neutral rating and a ‘hold‘ on the Sun Pharma stock because there are several triggers which can drive the earning surprise positively
Dipan Mehta is overweight on IT sector with rupee depreciating. Among the pharma stocks, he likes Sun Pharma, Dr Reddy's, Wockhardt and Cadila.
Sudarshan Sukhani of s2analytics.com advises traders to avoid Cadila Healthcare.
Moneycontrol.com got AK Prabhakar, senior VP-equity research, Anand Rathi to answer the stock queries you sent us on our Facebook page as part of KYI (Know Your Investment). Check out his comments.
Chirag Talati, Espirito Santo Securities says the policy had been anticipated for long. According to him, Cipla, Cadila and Ranbaxy will be impacted negatively.
Concentrating on the pharma space, Bino Pathiparampil of IIFL Capital told CNBC-TV18 the success of Biocon‘s oral insulin product deal would be a positive for the company. He also has a buy on Dr Reddy‘s and believes it should give a 25 percent plus upside in the next one year.
Buy Cadila Healthcare with a target price of about Rs 975, says PN Vijay, Portfolio Manager.
The Indian market has swung like a pendulum over the last many sessions. Stock picking is very important during the volatile times. There are many opportunities for the investors.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal of manasjaiswal.com, Sanjeev Agarwal of Dynamix Research & Capital Management and Manav Chopra of Nirmal Bang, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Ranbaxy and Cipla were at 52 week highs on Monday. Kour expects Cipla to perform well going ahead. She is bullish on this stock; however, she is cautious on Ranbaxy.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal of manasjaiswal.com, Rajesh Jain of Religare Securities and Shardul Kulkarni of Angel Broking, place their bets on two stocks each, thus offering investors a variety of options to choose from.
HSBC raises target prices for some Indian drug makers saying "robust" earnings will help sustain the "premium" valuations in the sector.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Merrill Lycnh retains its underperform call on M&M with a target of Rs 645. Despite an 8% beat in realizations on sales mix, profit, adjusting for the reversal of forex charges, grew just 1%, which was well below street estimates.
Zydus Wellness can move above Rs 600, says SP Tulsian, sptulsian.com.
Salil Sharma of Kapoor Sharma and Company feels that one should hold Cadila Healthcare.
Buy Cadila Healthcare on dips, says Sarabjit Kour Nangra, VP - Research, Angel Broking.
Lupin and Cadila may give excellent returns, says PN Vijay, Portfolio Manager.
Cadila Healthcare has a great appeal to people and has got a strong domestic formulation business about 31-32%, says PN Vijay, Portfolio Manager.