Tata Teleservices Maharashtra Ltd News

Tata Teleservices Maharashtra Ltd News On July 19, 2024, Tata Teleservices (Maharashtra) Ltd experienced a significant increase in trading volume

On Jul 19, 2024, Tata Teleservices (Maharashtra) Ltd. saw trading volume rise at 10:47 IST and 155.72 lakh shares traded, an increase of 4.12 times. Out of 37.79 lakh shares.

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Share price rise Tata Teleservices share price rose 9.82% to Rs. 107.00 on the same day, after the previous session where the volume was 211.13 lakh shares.

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BSE Sensex and NSE Nifty reached new record highs in the market. Tata Teleservices was one of the stocks that surged as much as 20%, along with some of the BSE 500 group.

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Despite stock price rise, Tata Teleservices has reported a loss of Rs. Turnover of Rs 309.34 crore achieved for the fourth consecutive quarter

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As of the latest trading session, the market capitalization of Tata Teleservices (Maharashtra) Ltd. is around ₹14,992.34 crore

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The stock has given an impressive return of 252.6% in the last three years, significantly outperforming the Nifty Midcap 100, which has given a return of 98.13% during the same period.

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Tata Teleservices stock has a negative price-to-earnings (P/E) ratio of -12.20, which means the company is loss-making. Earnings per share (EPS) for the last twelve months is -6.28.

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The company has seen an increase in interest from foreign investors (FIIs) who have been good buyers of the shares as well as domestic investors (DIIs) who have been good sellers recently.

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Technical Indicators A 20-day moving average crossover was recently noted which has led to an 8.87% increase in the average price within seven days based on past performance metrics.

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