Have a look at the valuations from analysts:
The highest valuation is Rs.301,550 crores and the lowest is Rs.230,540 crores. That is a difference of Rs.71,010 crores, and a change of about 23-31% of total value.
Analysts and brokers will have to come up with something which they do all the time. It is for the investors to be wary of these reports before their action. The maximum we can take from the analyst reports, if at all we have to, is the data compiled by them rather than their recommendation itself. The data can be useful for our own independent analysis or at least for some cross checks since these analysts are able to extract information from managements.
Most of the time, however, their reports have no added value. It is best to ignore their reports in full; use company generated (annual) reports instead. In fact, this should be the standard practice.
The first step in analyzing a business is to do it independent of any influence and bias. Beware of analysts' bias and selfish motives.
The highest valuation is Rs.301,550 crores and the lowest is Rs.230,540 crores. That is a difference of Rs.71,010 crores, and a change of about 23-31% of total value.
Analysts and brokers will have to come up with something which they do all the time. It is for the investors to be wary of these reports before their action. The maximum we can take from the analyst reports, if at all we have to, is the data compiled by them rather than their recommendation itself. The data can be useful for our own independent analysis or at least for some cross checks since these analysts are able to extract information from managements.
Most of the time, however, their reports have no added value. It is best to ignore their reports in full; use company generated (annual) reports instead. In fact, this should be the standard practice.
The first step in analyzing a business is to do it independent of any influence and bias. Beware of analysts' bias and selfish motives.
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