Tata Motors-DVR shares surge 45% in a month


New Delhi, Sep 15 | Shares of Tata Motors – Differential Voting Rights (DVR) have surged over 45 per cent in just a month’s time and hit the 5 per cent upper circuit on Tuesday.

The surge in share prices comes amidst a host of factors ranging from buying of additional shares by the promoters to improved sales and expectations of debt reduction.

On Tuesday, its shares closed at Rs 63.60 on the BSE, higher by Rs 2.45 or 4.01 per cent from its previous close.

The recent buying of over 50 lakh shares by Tata Sons, the promoter, through the open market, has given a major boost to investor sentiment.

Improving sales of the automobile major post the lockdown has also supported the shares. Tata Motors reported a 21.6 per cent rise in its total domestic sales for last month.

Jaguar Land Rover sales also improved in August, giving further boost to the investor sentiments.

At the Annual General Meeting (AGM) last month, Tata Motors Chairman N. Chandrasekaran said that the company is aiming “near-zero” debt in the next three years and it plans to significantly deleverage its business, reduce expenses and put the leash on non-core investments.

Tata Motors’ shares too have risen over 20 per cent in the past one month. On Tuesday, its shares on the BSE settled at Rs 149, higher by 0.40 per cent from its previous close.

Source: IANS

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Policybazaar Unveils its new brand campaign "AapKiSideHai"

Policybazaar Unveils its new brand campaign

Akshay Kumar delivers the brand’s promise of always being on the customer’s side

Gurugram, 19th Sept, 2020: Policybazaar.com (Twitter handle: PolicyBazaar), India’s largest online insurance marketplace with over 10 million customers, showcases its commitment to customers in its new television campaign “AapKiSideHai”. The new ad campaign featuring Policybazaar brand ambassador, Akshay Kumar, highlights the brand’s promise of embracing a holistic customer centric approach while helping to bridge the insurance protection gap in India.

Policybazaar’sAapKiSideHai campaign seeks to reassure its customers on being a dependable Insurance partner for them, every step of the way. The brand has always focused on distributing products like term insurance, health insurance, zero commission ULIP’s and motor insurance that are optimal from a customer perspective. Policybazaar is now extending the brand promise beyond the purchase experience to ensure that consumers get the highest levels of service throughout the policy lifecycle.

The new brand campaign reinforces Policybazaar core value of putting the customer first by delivering on its promise of providing a trusted platform for all types of insurance products. The brand is committed to guiding the customer throughout the insurance journey, starting from recommending the right products at affordable pricing, ensuring thatthe policy issuance process is smooth and fast, and, to providing services and claims assistance when needed.

“While we continue to highlight the importance of Health & Term life Insurance through our marketing campaigns, with the brand promise of Policybazaar AapKiSideHai, we also intend to position Policybazaar as a customer centric brand, that is committed to stand by its customers, both pre and post purchase”, said Samir Sethi, Head of Brand Marketing, Policybazaar.com. The new ad series highlights Policybazaar’s unparalleled support to customers, while providing them with the ease of comparing and buying term and health plans online with guidance at each & every step.

Speaking about the TVC launch, Sharat Dhall, Chief Operating Officer, Policybazaar.com said, “Our ultimate aim is to provide 360-degree assistance to customers that starts from when the policy is bought, to provide assistance when the claim is paid out, should such a situation arise. Winning and maintaining customer trust is a strong ethos within the company and this campaign reflects that. At a time when the world is grappling with a crisis like no other, the brand intends to instill confidence in the customers’ buying decisions by assuring them protection of their futures with the right insurance products & thorough assistance throughout the journey.”

The new brand campaign in its series displays moments of indecision that people may have while investing in protection products. It addresses these queries &emphasizes the importance of nurturing a bond with the consumers thereby creating customer delight.


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