Home > Money > Question
Need Expert Advice?Our Gurus Can Help
Ajit

Ajit Mishra  | Answer  |Ask -

Answered on Mar 29, 2022

Shyamal Question by Shyamal on Mar 29, 2022Hindi
Listen
Money

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.

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.
Money

You may like to see similar questions and answers below

Latest Questions
Chocko

Chocko Valliappa  |356 Answers  |Ask -

Tech Entrepreneur, Educationist - Answered on Jul 22, 2024

Asked by Anonymous - Jul 21, 2024Hindi
Listen
Career
A doctorate from IIT Bombay in Metallurgy and masters from NIT in Manufacturing with 5 years of experience including 2 years in academics and currently working from past 3 years in industry where I work mostly on finite element analyst of forging and bulk extrusion process and New product development as manager heading a team of 5 people. I have working knowledge of 3-4 FE software related to metal forming domain along with ANSYS STRUCTURAL. Despite that I am not getting any interview calls as I am currently looking for a job switch and have put up my profile both on NAUKRI AND LINKEDIN. Some calls are coming to me but that are all irrelevant profiles in which my expertise is not there. I have been trying for the past 6 months but have not got any positive response. Despite such a highly educated person from premier institute and not getting any response is highly depressing. Could you suggest how to apply and where to apply and any other website where I shall make my profile to get a positive response ? Thanks. .................
Ans: You have accomplished academic background and work in a very specialised area. You may have to expand your job search to a broader field of Metalurgy, Product Managment, Operations and not be limited to Finite Element analysis. Think through again and look for companies active in the field of metallury and users and producers of Steel, Metals. You may also look at academics. Use your academic contacts in the two IIT--IIT B and NIT, previous employers and seek their help in connecting you with possible openings. You also need to give yourself more time and be optimistic.

...Read more

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.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x