Tata Group Stock:Shares of Tata Teleservices (Maharashtra) Limited i.e. TTML, a share of Tata Group working in the telecom sector, have seen a huge decline in the last 2 years. The last trading price of TTML shares on BSE is Rs 81.94 per share. The market cap of the company is Rs 16,018.68 crore. Shares of TTML have seen a sharp decline of 71.87% since January 11, 2022. At this time the stock price was Rs 291.05. Tata Teleservices also gave bonus shares in the ratio of 2:15. For this, this share was traded in ex-date on 7 August 2013.

Condition of the company's shares

Shares of Tata Teleservices (Maharashtra) Ltd. have slipped 26% from their 52-week high of Rs 111.48. The stock has fallen 10% in a month. It has declined 15% in the last one year. However, the stock has gained more than 3,000% in the last five years. During this period, its price has increased from Rs 2 to the current price. 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).

Shareholding of Tata Teleservices (Maharashtra) Limited

FII/FPI share has increased from 2.38% to 2.39% in the September 2024 quarter. The number of FII/FPI investors has increased from 115 to 118 in the September 2024 quarter. Mutual funds have increased holdings from 0.07% to 0.08% in the September 2024 quarter. The number of MF schemes has increased from 8 to 11 in the September 2024 quarter. Institutional investors share has increased from 2.45% to 2.47% in the September 2024 quarter. Tata Teleservices (Maharashtra) declared a net loss of Rs 323.40 crore in Q1 FY25 as against a net loss of Rs 301.18 crore declared in Q1 FY24. Its revenue from operations grew 13.31% year-on-year (YoY) to Rs 323.50 crore in the first quarter of FY 2025. EBITDA grew 8.91% to Rs 138.53 crore in the first quarter from Rs 127.20 crore declared in the same period last year. Let us tell you that Tata Teleservices Limited, along with its subsidiary, Tata Teleservices (Maharashtra) Limited, is a leading promoter of digital connectivity and cloud solutions for enterprises.