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Ajit Mishra

 

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Answered on Mar 29, 2022

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I have Tata Teleservices (Maharashtra) Ltd (TTML) shares; it is quoted today around Rs 237. It has gone up twice (once up to Rs. 189 and then again up to Rs. 291) with upper circuit breakers and once went down to Rs.36 or so. Now it has again started downward movement (Rs. 291 to Rs. 237). Is it worth buying more if they come down under Rs. 100? Why is there so much movement in this share? Is anything big expected to happen in TTML?
Ans: TTML is at the forefront of digitalisation with its comprehensive portfolio of connectivity and cloud solutions. Positives are it has extensive and robust wire-line network as well as it has the largest portfolio of smart solutions involving cloud & SaaS, collaboration, connectivity, IoT, marketing & cyber security solutions. The company is taking efforts to strengthen its product portfolio and has launched enterprise grade solutions like Smartflo, Smartoffice, Smart Internet, SD-WANIflx, cyber security portfolio, etc. which bodes well with the company’s growth plan. Going ahead, overall increase in end user demand, up-gradation in technology and launching more solutions products will drive growth. Further, TTML’s group company, Tata Group is planning to launch Tata’s SuperApp and 5G plans and this may benefit TTML in the medium term.

However, the company’s financials seem weak, as revenue is muted and it is posting losses. Besides, it has high debt on books but as TTML is backed by Tata group, so debt obligations are expected to be met. Further, in the last one year the stock price has seen strong run-up. It’s prudent to wait for some meaningful turn-around in the financials.

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Answered on Mar 29, 2022

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Please advise me on my current holdings. Also, if you could also recommend any stocks for short term.
Ans:

Spicejet 500 @ 130rs – Prefer Interglobe

South indian bank 1000 @ 30 rs – Stick to large private sector banks

You may consider with Techm, Deltacorp, TataPower, Divi’s Lab.

Vikrant Kumar: I wish to invest Rs. one lakh in stock market for long term basis so can you suggest some good blue chip companies to invest and earn good return.

Please advise with your comments.

Ajit Mishra: You may consider investing in ICICI bank, M&M, Ashok Leyland, Britannia Industries, Dabur, TCS, Reliance and Bharti Airtel

Alexander Varghese: I am holding the following stocks. Pls advise on the long term prospects for the same as mentioned below.

Ajit Mishra:

ADANI PORTS  Hold
Ambuja Cement Hold
ASIAN PAINTS INDIA LTD Hold
Avenue Supermarts Ltd. Hold
BIRLASOFT Hold
CESC Exit
DIVIS LABS Hold
ESCORTS Hold
GUJARAT GAS  Hold
HAPPIEST MINDS Hold
HDFC BANK LIMITED Hold
HINDALCO INDS LIMITED Hold
HINDUSTAN UNILEVER LIMITED Hold
IDEA VODAFONE Exit
IDBI BANK Exit
INFOSYS Hold
IRCTC Hold
ITC LIMITED Hold
KPIT TECH Hold
Larsen & Toubro Infotech Ltd. Hold
LARSEN AND TOUBRO LIMITED Hold
LATENT VIEW ANALYTICS Hold
LAURUS LABS  Hold
MOTHERSON SUMI SYSTEMS LIMITED Hold
NMDC Hold
PIDILITE INDUSTRIES LTD Hold
RAMKRISHNA FORGINGS  Hold
   
SONA COMSTAR LTD Hold
   
Sterlite Technologies Ltd. Exit on rise
SUDARSHAN CHEMICALS Hold
SUN PHARMA Hold
TATA CONSULTANCY SERVICES LTD Hold
   
TATA CONSUMER LIMITED Hold
TITAN COMPANY LIMITED Hold
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.
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