TATA MOTORS Q4 EARNINGS
~Net Loss 10.33B Vs Loss 76.05B (YOY). EST Loss 5.45B
~EBITDA 82.83B RUPEES VS 1333.73B (YOY)
~EBIT MARGIN 10.56% Vs 15.09% (YOY)
Impact – NEGATIVE
Technical View – Tata Motors, Stock has support around 360 and upside resistance around 400. Break below 360 will see more downsides move till 330–300 levels. A positive move will expect on break above 400 till 435 and then to 460 in the coming days.
RBL BANK Q4 EARNINGS
Net Profit 1.98B Vs 753.4M (YOY). EST 2.2B
NPA 4.40% Vs 4.84% (QOQ)
Interest Earned 21.31B Vs 19.65B (YOY)
Impact – NEUTRAL
Technical View – RBL Bank, Stock has support around 98 and upside resistance around 115. Break below 98 will see more downsides move till 90 levels. A positive move will be expected on a break above 115 till 125 and then to 140 in the coming days.
Trade safely with levels. More will update on all the above-mentioned stocks from time to time.