Key Points:
Why Should We Invest in TTML:
1. 200 Moving Average Support
2. Promotors have 70+%
3. 1106 Cr last Year Earnings.
4. FII has a 2.46% holding
5. Trust in TATA SON'S
-----------------------------Detail Analysis:
About Company:
Tata Teleservices Limited along with its subsidiary, Tata Teleservices (Maharashtra) Limited, is a leading enabler of digital connectivity and cloud solutions to enterprises.
Holdings:
- Promotors has 70+%
- FII's has 2.46% holding
Earnings:
- Almost 1100 + Cr Business in each Year.
Merge News:
- Bharti Airtel (“Airtel”), India’s premier communications solutions provider, and Tata group announced a strategic partnership for implementing 5G network solutions for India.(2021 News)
Technical Analysis:
- Currently at LL and LH, Once trendline breakout then it will be in HH and HL.
- Support of 200 Moving Average is important and crucial (Hope that will not be break).
- RSI also in support.
Imp. Note: This analysis is provided for informational purposes only and does not constitute a direct recommendation to buy or sell stocks. Investors should conduct their own research and consult with financial advisors before making any investment decisions, as market conditions and individual circumstances may vary.
Market Risk: However, it's important to acknowledge the inherent risks associated with investing in the stock market, including but not limited to volatility, economic downturns, regulatory changes, and unforeseen events that can impact stock prices. It's crucial for investors to remain vigilant and diversify their portfolios to mitigate potential losses.
Thank you for Reading my complete Analysis,
Naveen
