Technical Analysis & Stock Updates

Tata Motors: We expected Company’s International business to come up with good result. Operating profit of Jaguar Land Rover Automotive for Jun-13 quarter increased by 28% while profit increased by 29%. On consolidated basis PBIT decrease by 8% due to weak domestic business. We advice to exit the counter.

Sun Pharmaceutical: Company has come out with outstanding numbers for Jun-13 quarter. Company’s consolidated sales increased by 31% while adjusted net profit increased by 56%. Expect further rise in stock. Hold with stop loss of 450.

Tree House Education: Company has come out with outstanding numbers for Jun-13 quarter. Company’s revenue increased by 47% while profit increased by 53%. Hold on with stop loss at 195 level.

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