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Tata Teleservices (Maharashtra) Ltd

TTML
Communication ServicesTelecom Services
SmallcapWith a market cap of ₹20,735 cr, stock is ranked 330
High RiskStock is 3.72x as volatile as Nifty
102.353.72 (-3.51%)

Price Chart

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Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

Avg

Average profitability - not good, not bad

Entry point

Avg

The stock is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

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Communication ServicesTelecom Services
SmallcapWith a market cap of ₹20,735 cr, stock is ranked 330
High RiskStock is 3.72x as volatile as Nifty

Key MetricsEdit

No LabelNo Label
-16.58
PB RatioPB Ratio
-1.08
Dividend YieldDiv. Yield
Sector PESector PE
-155.84
Sector PBSector PB
13.14
Sector Div YldSctr Div Yld
0.36%

Forecast & RatingsDetailed Forecast 

Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Tata Teleservices (Maharashtra) Limited provides basic and cellular telecommunication services. It is engaged in wired and wireless telecommunications activities.

Financial TrendFinancial statements 

20212022202320241.071.111.121.21-2.00-1.22-1.14-1.23
Revenue
Profit
Loss
All values in ₹ Thousand cr.
See financial statements

Holdings TrendDetailed holdings 

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

See detailed holdings

Recent EventsAll events 

Outcome of Board Meeting 
Announced OnJul 24, 2024

Pursuant to Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ), as amended from time to time, this is to inform you that the Board of Directors of the Company at its meeting held today has transacted the following items of business:1. Financial Results The unaudited financial results of the Company as per Indian Accounting Standards (IND-AS) for the 1st quarter ended June 30, 2024, were approved and taken on record, as attached. M/s. Price Waterhouse Chartered Accounts LLP, Statutory Auditors of the Company, have issued a Limited Review Report with an unmodified opinion on the above-mentioned financial results as attached. 2. Extension of term of redemption of Redeemable Preference Shares Approved further extension of the term of redemption by 24 months from September 18, 2024, in respect of the 20,18,00,000 - 0.1% Non-Cumulative Non-Convertible Redeemable Preference Shares of Rs. 100/- each aggregating Rs. 2,018 Crores issued to Tata Teleservices Limited on preferential basis on October 18, 2016.The Board meeting commenced at 1105 hours IST and concluded at 1120 hours IST. | Download

Pursuant to Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ), as amended from time to time, this is to inform you that the Board of Directors of the Company at its meeting held today has transacted the following items of business:1. Financial Results The unaudited financial results of the Company as per Indian Accounting Standards (IND-AS) for the 1st quarter ended June 30, 2024, were approved and taken on record, as attached. M/s. Price Waterhouse Chartered Accounts LLP, Statutory Auditors of the Company, have issued a Limited Review Report with an unmodified opinion on the above-mentioned financial results as attached. 2. Extension of term of redemption of Redeemable Preference Shares Approved further extension of the term of redemption by 24 months from September 18, 2024, in respect of the 20,18,00,000 - 0.1% Non-Cumulative Non-Convertible Redeemable Preference Shares of Rs. 100/- each aggregating Rs. 2,018 Crores issued to Tata Teleservices Limited on preferential basis on October 18, 2016.The Board meeting commenced at 1105 hours IST and concluded at 1120 hours IST. | Download

Trading Window-XBRL 
Announced OnJul 17, 2024

TATA TELESERVICES (MAHARASHTRA) LIMITED has informed the Exchange about Closure of Trading Window | Download

TATA TELESERVICES (MAHARASHTRA) LIMITED has informed the Exchange about Closure of Trading Window | Download

Press Release 
Announced OnJul 17, 2024

Tata Teleservices (Maharashtra) Limited has informed the Exchange regarding a press release dated July 17, 2024, titled "50% of Indian SMEs prioritize Cloud for business expansion in FY2024, finds SME Digital Insights Study". | Download

Tata Teleservices (Maharashtra) Limited has informed the Exchange regarding a press release dated July 17, 2024, titled "50% of Indian SMEs prioritize Cloud for business expansion in FY2024, finds SME Digital Insights Study". | Download

See all events