Latest stock recommendations from the various research and brokerage firms
Reliance Industries Ltd (Hold)
Rs. 1089.80 14.75 (1.37%)
STOP LOSS: Rs.1060.00 TARGET: Rs. 1091.00
Ashu Bagri - Technical analyst at SBI Capital Securities
Technically, the stock has a strong resistance at around 1091 levels. The investor can hold the counter with a trailing-stop-loss at 1060 and exit at around 1091 levels.
Unitech Ltd (Hold)
Rs. 73.70 0.00 (0.00%)
Ashish Kapur - CEO at Invest Shoppe
The counter looks promising as the demand is picking up. Its debt is expected to go down. So the investor can hold from a long-term perspective, as the stock can pick up the momentum in coming days.
Unitech Ltd (Hold)
Rs. 73.70 0.00 (0.00%)
STOP LOSS: Rs.67.00 TARGET: Rs. 103.00
Ashu Bagri - Technical analyst at SBI Capital Securities
The counter can go up to 103 after breaking the immediate resistance of around 80 levels. The investor can hold the counter with a stop-loss at 67.
Bharti Airtel Ltd (Hold)
Rs. 311.85 11.85 (3.95%)
Ashish Kapur - CEO at Invest Shoppe
Fundamentally, the stock has good upside potential. The investor can hold and accumulate the counter from long-term perspective.
Bharti Airtel Ltd (Hold)
Rs. 311.85 11.85 (3.95%)
STOP LOSS: Rs.280.00 TARGET: Rs. 335.00
Ashu Bagri - Technical analyst at SBI Capital Securities
The counter looks upward in current trade-pattern. The investor can hold the counter with a strict stop-loss at 280 and exit at around 335 levels.
HDFC Bank Ltd (Hold)
Rs. 1818.20 15.15 (0.84%)
Ashish Kapur - CEO at Invest Shoppe
The housing sector is expected to boom in coming days and HDFC has a strong presence in housing loan segment. So its business looks secured and an investor can hold the counter from a long-term perspective.
HDFC Bank Ltd (Hold)
Rs. 1818.20 15.15 (0.84%)
STOP LOSS: Rs.2600.00 TARGET: Rs. 2685.00
Ashu Bagri - Technical analyst at SBI Capital Securities
The counter can go up to 3,292 if breaks the immediate resistance at around 2,865 levels. The investor can hold the counter with a trailing-stop-loss at 2600 for the first target at around 2865 levels.
Glenmark Pharmaceuticals Ltd (Hold)
Rs. 245.40 3.30 (1.36%)
STOP LOSS: Rs.229.00 TARGET: Rs. 272.00
Mileen Vasudeo - Technical Analyst at Angel Broking
The counter looks bullish technically. The investor can hold the counter for the target at around 272 levels with a stop-loss at 229 levels.
National Aluminium Company Ltd (Hold)
Rs. 403.25 0.60 (0.15%)
TARGET: Rs. 500.00
Vikram Bhatt - Consultant at Positive Finnovationz
Fundamentally, the stock looks positive. It has acquired new lease for its mines. The investor can hold the counter for medium-term target of 370 and long-term target of 500.
National Aluminium Company Ltd (Buy)
Rs. 403.25 0.60 (0.15%)
STOP LOSS: Rs.380.00 TARGET: Rs. 480.00
Mileen Vasudeo - Technical Analyst at Angel Broking
The stock can surge up to 480 levels after breaking the 414 resistance levels. The investor can hold the counter with a stop-loss at 380.
Friday, March 19, 2010
Latest Stock Recommendations
Indian Stock Screener Tools
There are several ways to learn about new companies and sectors to invest your hard money in. I am being a dumb investor (yes, still I am even after a couple of years in the market!!) dependent so far on business news websites like moneycontrol.com, business-standard.com. Usually, I come across an interesting story, like millions of other readers, and then start to dig a little into sector and/or companies mentioned.
But, I learnt that this top-down approach is not the most effective way since the news papers, sites, analysts and brokerage firms can and will cover only a small percentage of the companies listed on NSE/BSE and you miss out on the bigger percentage where some of the best opportunities lie hidden. And you basically just follow the crowd since everyone have the same information as you!
So, the obvious (which was not so obvious till a week ago) question was "is there a better way?."
And the answer is yes, that’s what I got while reading a book yesterday and it’s called stock screening. Stock screening, simply put, is the process of filtering/identifying companies, from thousands across sectors and industries, based on parameters that meets an individual's risk, expected returns, and even taste. One example could be searching for companies with a dividend yield of 4% or more. Of course, this will only help you cut down the number of companies to look at from 1000s to, possibly, few 10s but then one needs to analyze each company further to better understand its business, past and future(expected) performance before making a decision of whether to invest in it or not.
Since we are lucky to be living in an internet age this screening process is not as daunting as it could sound like. There are several tools, limited for Indian stocks but numerous for US listed ones, that help with this and some of the good ones are really free! The following is the list of some sites and tools that provide free tools to screen NSE and BSE listed stocks.
IDBI Paisabuilder
http://www.idbipaisabuilder.in/Market_Content/CMcorpinfo.aspx
I had used this site in the past and I really like it. It provides a decent number of parameters, more than equity master which comes next in the list, to filter stocks on and the research section of the site also includes various other useful tools that can be really useful. The following screenshots shows the search form and the results for a search on stocks in NSE 500 that have a dividend yield of more than 3%
Search form:
Search results:
EquityMaster
http://www.equitymaster.com/research-it/company-info/search/internal.asp
This has a decent stock screener; the following screenshot shows the results I got for companies having a dividend yield between 3% and 4%.
There are few bugs with this tool though, the year criterion in the search form is only till 2007 but the search still does give results for 2009 and 2008 so I am not sure (have not compared against other tools) if the results are accurate and reflect latest information.It also has other useful tools like
ICICI Direct Research
http://content.icicidirect.com/research/customsearch.asp
ICICI Direct also provides a screener but the search form is limiting in the parameters e.g. I could only search large cap stocks, and not all, with dividend yield greater than 3%
BSE
http://www.bseindia.com/stockscanner/stockscanner.aspx
BSE website also find a stock screener but again the form is limited to four criteria (see screenshot below)
Buzzing Stocks
http://www.buzzingstocks.com/in/search.pl
This one is different in the sense that it lets you screen stocks based on technical parameters. The search form takes criterion in plain english and it also comes with a pre-defined list that users can use. I plan to use if I buy anything for trading purpose. The following screen shot shows list of stocks that have had serious buying interest and which could go up higher.
There could be other tools and I plan to update this post as and when I come across them.
RK.
Other posts that could be of interest:
Warren buffets low diversification good for average investors?
Think before investing in india's ETFs
Stock picks top 20 indian stocks to own
Financial bubbles of next decade
Little book that beats the market
Sunday, December 27, 2009
India Stock Screeners: Tools to screen Indian Stocks listed on NSE and BSE
There are several ways to learn about new companies and sectors to invest your hard money in. I am being a dumb investor (yes, still I am even after a couple of years in the market!!) dependent so far on business news websites like moneycontrol.com, business-standard.com. Usually, I come across an interesting story, like millions of other readers, and then start to dig a little into sector and/or companies mentioned.
But, I learnt that this top-down approach is not the most effective way since the news papers, sites, analysts and brokerage firms can and will cover only a small percentage of the companies listed on NSE/BSE and you miss out on the bigger percentage where some of the best opportunities lie hidden. And you basically just follow the crowd since everyone have the same information as you!
So, the obvious (which was not so obvious till a week ago) question was "is there a better way?."
And the answer is yes, that’s what I got while reading a book yesterday and it’s called stock screening. Stock screening, simply put, is the process of filtering/identifying companies, from thousands across sectors and industries, based on parameters that meets an individual's risk, expected returns, and even taste. One example could be searching for companies with a dividend yield of 4% or more. Of course, this will only help you cut down the number of companies to look at from 1000s to, possibly, few 10s but then one needs to analyze each company further to better understand its business, past and future(expected) performance before making a decision of whether to invest in it or not.
Since we are lucky to be living in an internet age this screening process is not as daunting as it could sound like. There are several tools, limited for Indian stocks but numerous for US listed ones, that help with this and some of the good ones are really free! The following is the list of some sites and tools that provide free tools to screen NSE and BSE listed stocks.
IDBI Paisabuilder
http://www.idbipaisabuilder.in/Market_Content/CMcorpinfo.aspx
I had used this site in the past and I really like it. It provides a decent number of parameters, more than equity master which comes next in the list, to filter stocks on and the research section of the site also includes various other useful tools that can be really useful. The following screenshots shows the search form and the results for a search on stocks in NSE 500 that have a dividend yield of more than 3%
Search form:
Search results:
EquityMaster
http://www.equitymaster.com/research-it/company-info/search/internal.asp
This has a decent stock screener; the following screenshot shows the results I got for companies having a dividend yield between 3% and 4%.
There are few bugs with this tool though, the year criterion in the search form is only till 2007 but the search still does give results for 2009 and 2008 so I am not sure (have not compared against other tools) if the results are accurate and reflect latest information.It also has other useful tools like
ICICI Direct Research
http://content.icicidirect.com/research/customsearch.asp
ICICI Direct also provides a screener but the search form is limiting in the parameters e.g. I could only search large cap stocks, and not all, with dividend yield greater than 3%
BSE
http://www.bseindia.com/stockscanner/stockscanner.aspx
BSE website also find a stock screener but again the form is limited to four criteria (see screenshot below)
Buzzing Stocks
http://www.buzzingstocks.com/in/search.pl
This one is different in the sense that it lets you screen stocks based on technical parameters. The search form takes criterion in plain english and it also comes with a pre-defined list that users can use. I plan to use if I buy anything for trading purpose. The following screen shot shows list of stocks that have had serious buying interest and which could go up higher.
There could be other tools and I plan to update this post as and when I come across them.
RK.
Other posts that could be of interest:
Warren buffets low diversification good for average investors?
Think before investing in india's ETFs
Stock picks top 20 indian stocks to own
Financial bubbles of next decade
Little book that beats the market
Monday, July 13, 2009
Stock Picks: Top 20 Indian Stocks to own by Forbes India
The following is the list of 20 stocks that were recommended by Forbes India in their recent release
Page Industries: A small company that makes a small product with big margins
Pidilite Industries: Pidilite has brands like Fevicol, M-Seal, car polish Motomax and other assorted consumer art materials and specialised home paints
Dabur: This company has focus. Five years ago, Dabur got out of the pharmaceutical business and put all its effort, like the best brand companies, behind five of its brands
Procter and Gamble Hygiene: Over the last three years, the money that P&G invested did not translate into market cap gains
Marico: Till 2008-09 came by, the company’s sales and profits had grown for 30 consecutive quarters, indicating a stable track record
Blue Star: Two decades to reach Rs. 1,000 crore in sales; two years to reach Rs. 2,000 crore in 2008
BHEL: For 2009-10, the company is increasing its capacity from 10 GW to 15 GW
Power Finance Corporation: At about 25 per cent, the company’s net profit margin is close to what the best software companies earn at half their price-to-earnings ratio
Mahindra & Mahindra: Rural India is earning well because of infrastructure boom. M&M’s SUVs are selling briskly and its market share in the SUV space has gone from 51 per cent to 57 per cent in the last two years
Allcargo Global Logistics: This stock was one of the earliest to recover after it fell dramatically in October
Crisil: The 800-pound gorilla of rating agencies, it rates 1,000 firms today
ICRA: There is room for both Crisil and ICRA in the space
HDFC Bank: A cautious and solid bank, it is safe because its government bond holdings are 3 per cent over the statutory liquidity ratio (SLR) requirement
Kingfisher Airlines: The company has a debt-equity ratio of 3:1
Oracle Financial: It suffered when foreign banks went broke
Suzlon: Debt is high and so are the receivables.
Ranbaxy: The last 12 months have been bad. Sales are down, research hasn’t paid off and US FDA is after it for manufacturing lapses
NIIT: As IT crashed so did the IT trainer. Its stock fell 85 per cent to Rs. 14
Wockhardt: Its core business is in fine fettle. Its problems are foreign loan repayments and derivative losses
Hindalco: The acquisition of Novelis tripled Hindalco’s sales but caused an 11 per cent decline in net profits
RK
