Tata Group Telecom Stock Falls Below Rs 90 From Rs 291, Awarded 2:15 Bonus Shares

Tata Group stock operating in telecom sector, Tata Teleservices (Maharashtra) Ltd shares witnessed steep fall in last 2-years. Last trading price of Tata Teleservices (Maharashtra) shares on BSE is Rs 81.94 per share. The company has a market capitalisation of Rs 16,018.68 crore. TTML shares saw sharp decline of 71.87% from January 11, 2022 when the stock was priced Rs 291.05. Tata Teleservices also awarded bonus shares in the ratio of 2:15 implying shareholders received 2 shares for every 15 shares held with ex-dividend date set as August 7, 2013. Check details below:

Tata Teleservices (Maharashtra) Ltd Shares Performance: The 52-week high price of Tata Teleservices (Maharashtra) Ltd shares slipped over 9% in last 1-month, gained over 9% in last 3-months, fell 10% in 2024, rose 9% in last 3-years, and gained a whopping 3015% in last 5-years. The 52-week high price of Tata Teleservices (Maharashtra) shares on BSE is Rs 111.48 per share (as on 19/07/2024) and 52-week low price is Rs 65.29 per share (as on 19/07/2024).

Tata Teleservices (Maharashtra) Ltd Shareholding: FII/FPI have increased holdings from 2.38% to 2.39% in September 2024 quarter. Number of FII/FPI investors increased from 115 to 118 in September 2024 quarter. Mutual Funds have increased holdings from 0.07% to 0.08% in September 2024 quarter. Number of MF schemes increased from 8 to 11 in September 2024 quarter. Institutional Investors have increased holdings from 2.45% to 2.47% in September 2024 quarter.

Tata Teleservices (Maharashtra) Ltd Q1 Results: Tata Teleservices (Maharashtra) declared a net loss of Rs 323.40 crore in Q1 FY25 as compared to the net loss of Rs 301.18 crore declared in Q1 FY24. Its revenue from operations for Q1 fy 2025 soared by 13.31% year-on-year (YoY) to Rs 323.50 crore. EBITDA jumped by 8.91% for Q1 to Rs 138.53 crore from Rs 127.20 crore declared in the similar period last year.

About: Tata Teleservices Limited (TTL) helps accelerate the adoption of digital technologies by businesses aspiring to "Do Big." Tata Teleservices Limited along with its subsidiary, Tata Teleservices (Maharashtra) Limited, is a leading enabler of digital connectivity and cloud solutions to enterprises.

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