TTML Share Price 📈📊🚀
8 February 2024
Tata Teleservices Maharashtra Limited (TTML) witnessed a surge in its share price on Wednesday. The company’s shares rose by 8% yesterday, reaching an intraday high of ₹98.65. This comes after the company’s shares closed at ₹92 on Tuesday. The upward trend in the share price can be attributed to the strong financial results for the December quarter.
During the December quarter, TTML reported an unaudited revenue of ₹298 crore, while the net loss stood at ₹307 crore. In the previous September quarter, the company had incurred a net loss of ₹310 crore. For the first nine months of the current financial year, TTML’s net loss amounted to ₹919 crore.
According to the available data on the Bombay Stock Exchange (BSE), TTML’s shares have witnessed a growth of 27% over the past year and 21% in the last six months. In the last five years, the company’s shares have provided a remarkable return of 3,268.79%. The current share price has increased from ₹2 to its present value.
TTML’s stock has a 52-week high of ₹109.10 and a low of ₹49.80. On January 11, 2022, the Tata Group stock reached its all-time high of ₹291.05. However, the share price is currently 66% below its lifetime high.
As of Thursday (February 8, 2024), TTML’s share was trading at ₹104, showing a rise of 8.14% in the market. TTML is a subsidiary of Tata Teleservices and is a market leader in its segment. The company provides voice and data services and boasts a list of prominent customers. The market capitalization of the company stands at ₹18,563.99 crore.
With this upward trend in TTML’s share price, investors are closely watching the company’s performance and expecting further growth in the coming days. 📈💹💼
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