Goodwill Investor Education Eagle’s Eyes – Stock Market Review.

Goodwill Investors’ Education:                               16th June 2020

Eagle’s Eyes:  Stock Market Today- A review:

MARKET NEWS TODAY: Bank Nifty20535 ; NIFTY 10015 SENSEX : 330915…now

  Tata Motors announced its Q4 results today. As expected the results are quite disappointing.Tata Motors’s net loss of Rs 9,894.25 crore in the..vs y-o-y profit of Rs1117.48- Q4 2019 Net sales during the quarter fell 27.7% year-on-year (YoY) to Rs 61,949 cr.

In the fourth quarter, interest payments stood at Rs 1952.81 crore (up 23% YoY) while the depreciation costs were at Rs 5,814.86 crore (up 8.6 %).

The company reported a consolidated net loss of Rs 12,070.85 crore in entire 2019-20 period vs 28826 CR  loss as on March 2019.

JLR’s retail sales declined 12% YoY to 508.7K units in FY20.

TM is one of the worst affected in the Transport sector. Today TM is down by 4 %-@ Rs 96

Today the market being in positive note most of the shares like TCS, Infy.. are up by 2 %

Similarly the Pharma shares are also up.

Oil company shares like BPCL, IOC are all up by over 1 %.

Results of some of the other companies are expected.

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