The Stock Market is able to maintain green zone form last 2 days. NSE Share TATA Motors is seeing steady growth & it has given return Up to 11 percent in working Session. JLR June sales figures show steady growth in Tata Motors. . In June, JLR retail sales increased 11 percent on a month-on-month basis. For two consecutive months the company has been seeing improvement in sales. Sales of JLR from China are showing signs of recovery. The new launches of the company are benefiting from better response.
It is estimated that in the first quarter, the company earnings could fall by 15% on yearly basis to 66701 crore and the deficit could fall from Rs 1,800 crore last year to Rs 1180 crore. The company had profits in the last quarter. Fear of first quarter JLR volume decreasing by 15 percent. At the same time, margins can also stay flat.
Stock Report for Tomorrow Trading
@ Intraday Trader Can Buy TATAMOTORS for tomorrow above 171 for targets 175, 177 Stop Loss 166.