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Jigar

Jigar Patel  |267 Answers  |Ask -

Stock Market Expert - Answered on Dec 26, 2023

Jigar Patel is a senior manager (technical research analyst) at Anand Rathi Shares and Stock Brokers.
He has around seven years of experience in the stock markets and specialises in sharing outlooks based on technical analysis.
Patel has a PGPM (Finance) certification from the International Institute of Finance Markets.... more
Asked by Anonymous - Dec 16, 2023Hindi
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Is it beneficial or profitable to purchase some of the shares of TATA Technologies at their current market price or What will be your opinion about shares of TATA Technologies ?

Ans: start buy on dips
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Ajit

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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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Financial Planner - Answered on Apr 28, 2024

Asked by Anonymous - Apr 27, 2024Hindi
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I want to purchase auto insurance for my Maruti Ertiga which I purchased two years ago. Which auto insurance policy will best look after my interests in the event of an accident which could lead to fatalities or lead me permanently disabled? I want to choose an auto insurance policy that will take care of hospitalisation as well as permanent disability.
Ans: In the unfortunate event of an accident with your Maruti Ertiga, a comprehensive car insurance policy will best serve your interests. Here's why:

Comprehensive Coverage:

• Third-party Liability: This is mandatory by law and covers any injuries or property damage caused to a third party due to an accident involving your car.
• Own Damage Cover: This protects your Maruti Ertiga from damages caused by accidents, theft, fire, natural calamities, etc.

Additional Coverage for Permanent Disability and Hospitalisation:

• Personal Accident (PA) Cover for Owner-Driver and Passengers: This add-on provides a lump sum payout in case of death or permanent disability due to an accident. You can extend this cover to include your passengers as well.
• Medical Expenses Cover: This add-on reimburses hospitalisation expenses incurred due to injuries sustained in an accident.

Here's what to consider when choosing an insurance provider:

• Claim Settlement Ratio (CSR): Look for insurers with a high CSR, which indicates a good record of settling claims promptly.
• Network Garages: Opt for an insurer with a wide network of cashless garages for repairs to ensure a hassle-free experience.
• Customer Service: Choose a company known for providing prompt and helpful customer service.

Popular Car Insurance Providers in India:

• Acko General Insurance
• HDFC Ergo
• The Oriental Insurance Company
• National Insurance Company
• Bajaj Allianz General Insurance

Researching and Comparing Policies

• Use online insurance aggregator websites to compare quotes from different providers. These websites allow you to input details about your Maruti Ertiga, your driving history, and desired coverage options. They will then provide you with quotes from various insurers, allowing you to compare prices and features.

Consulting a Financial Advisor

• Consider consulting a financial advisor who can help you assess your specific needs and recommend the most suitable car insurance policy for your Maruti Ertiga.
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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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