TTML

Tata Teleservices (Maharashtra) Share Price Tata Teleservices (Maharashtra)

₹74.00
-0.9 (-1.2%)
29 March, 2024 10:17 BSE: 532371 NSE: TTMLISIN: INE517B01013

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Tata Teleservices (Maharashtra) Performance

Day Range

  • Low 74
  • High 77
₹ 74

52 Week Range

  • Low 50
  • High 109
₹ 74
  • Open Price76
  • Previous Close75
  • Volume5250643

Tata Teleservices (Maharashtra) Share Price

  • Over 1 Month -14.55%
  • Over 3 Month -18.64%
  • Over 6 Month -24.8%
  • Over 1 Year 46.97%

Tata Teleservices (Maharashtra) Key Statistics

P/E Ratio -12.1
PEG Ratio 2.9
Market Cap Cr 14,467
Price to Book Ratio -0.6
EPS -5.9
Dividend 0
Relative Strength Index 34.66
Money Flow Index 56.63
MACD Signal -3.2
Average True Range 4.02
Tata Teleservices (Maharashtra) Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 296287286280
Operating Expenses Qtr Cr 157159159148
Operating Profit Qtr Cr 139128126133
Depreciation Qtr Cr 38363632
Interest Qtr Cr 411403394379
Tax Qtr Cr 0000
Net Profit Qtr Cr -308-310-301-277
IndicatorMar 2023
Total Revenue Annual Cr 1,120
Operating Expenses Annual Cr 614
Operating Profit Annual in Cr 493
Depreciation Cr 147
Interest Annual Cr 1,499
Tax Annual Cr 0
Net Profit Annual Cr -1,145
IndicatorMar 2023
Cash from Operating Activity Annual Cr 558
Cash from Investing Activity Annual Cr -66
Cash from Financing Annual Activity Cr -494
Net Cash Flow Annual Cr -2
IndicatorMar 2023
Total ShareHolders Funds Annual Cr -23,205
Fixed Assets Annual Cr 775
Total Non Current Assets Annual Cr 939
Total Current Assets Annual Cr 271
Total Assets Annual Cr 1,211
IndicatorMar 2023
Book Value Per Share Annual Rs -128
ROE Annual % 0
ROCE Annual % -4
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 46
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
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Interest Qtr Cr
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Net Profit Qtr Cr
IndicatorMar 2023
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2023
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual -
EBDIT Annual Margin %

Tata Teleservices (Maharashtra) Technicals

EMA & SMA

Current Price
₹74.00
-0.9 (-1.2%)
pointer
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • ₹80.66
  • 50 Day
  • ₹85.28
  • 100 Day
  • ₹87.22
  • 200 Day
  • ₹87.05
  • 20 Day
  • ₹81.36
  • 50 Day
  • ₹87.25
  • 100 Day
  • ₹89.22
  • 200 Day
  • ₹87.30

Tata Teleservices (Maharashtra) Resistance and Support

PIVOT
₹74.77
Resistance
First Resistance 76.03
Second Resistance 78.07
Third Resistance 79.33
RSI 34.66
MFI 56.63
MACD Single Line -3.20
MACD -3.65
Support
First Resistance 72.73
Second Resistance 71.47
Third Resistance 69.43

Tata Teleservices (Maharashtra) Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 6,658,764 326,479,199 49.03
Week 5,900,025 279,484,161 47.37
1 Month 6,071,632 215,725,102 35.53
6 Month 7,609,432 255,296,452 33.55

Tata Teleservices (Maharashtra) Result Highlights

Tata Teleservices (Maharashtra) Synopsis

NSE-Telecom Svcs-Integrated

Tata Teleservices (M is involved in the business activities of Wired telecommunications activities. Company’s Total Operating Revenue is Rs. 1106.17 Cr. and Equity Capital is Rs. 1954.93 Cr. for the Year ended 31/03/2023. Tata Teleservices (Maharashtra) Ltd. is a Public Limited Listed company incorporated on 13/03/1995 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L64200MH1995PLC086354 and registration number is 086354.
Market Cap 14,466
Sales 1,148
Shares in Float 50.83
No of funds 105
Yield
Book Value -0.04
U/D Vol ratio 1.4
LTDebt / Equity
Alpha -0.07
Beta 1.78

Tata Teleservices (Maharashtra)

Owner NameDec-23Sep-23Jun-23Mar-23
Promoters 74.36%74.36%74.36%74.36%
Mutual Funds 0.05%0.06%0.05%0.04%
Insurance Companies
Foreign Portfolio Investors 2.26%2.23%2.03%2.16%
Financial Institutions/ Banks
Individual Investors 21.19%21.34%21.78%21.66%
Others 2.14%2.01%1.78%1.78%

Tata Teleservices (Maharashtra) Management

Name Designation
Mr. A S Lakshminarayanan Non Executive Chairman
Mr. Harjit Singh Managing Director
Mr. Ankur Verma Non Executive Director
Mr. Kumar Ramanathan Independent Director
Dr. Narendra Damodar Jadhav Independent Director
Ms. Hiroo Mirchandani Independent Director

Tata Teleservices (Maharashtra) Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Tata Teleservices (Maharashtra) Corporate Action

Date Purpose Remarks
2024-02-06 Quarterly Results
2023-10-26 Audited Results
2023-07-27 Quarterly Results
2023-04-24 Audited Results
2022-11-07 Quarterly Results

About Tata Teleservices (Maharashtra)

Tata Tele Business Services Limited (TTBSL), formally known as Tata Tele Services Limited (TTSL), is one of the well-known Indian Broadband telecommunications and cloud service providers in India. TTML  is an Indian conglomerate which is a subsidiary of the well-known Tata Group based in Mumbai, Maharashtra India. 

The key in charge of Tata Teleservices (Maharashtra) is Kush Swatantra Bhatnagar as CFO, Harjit Singh as Manager and Vrushali Neelesh Dhamnaskar as Company Secretary. Narendra Damodar Jadhav, Thambiah Elango, Ramanathan Kumar and 3 other members are presently associated as directors.

Tata Teleservices (Maharashtra) as a telecom operator is licensed for both GSM (Global System for Mobile Communication) and CDMA (Code Division Multiple Access) mobile services. Tata Teleservices (Maharashtra)  has been providing quality telecom services to its customers and has expanded its network coverage and technological capabilities which has in return brought better revenue generation that has profited all investors who brought TTML Shares. According to the revenue collection reports, it states that TTML has been recorded to have collected over Rupees 2798.64 crore in one financial year.

History of Tata Teleservices (Maharashtra)

Tata Teleservices (Maharashtra)  is a subsidiary company under Tata Sons founded in 1996. In early 2008, TTSL, one of the merging companies made an announcement to provide CDMA services.  TTML made a strategic partnership with Japan’s NTT DOCOMO  to strengthen the TTML position.

In 2012, TTSL launched GSM mobile service as Tata Docomo which allowed a broader consumer base to bring in more profits. 2017 marks a milestone for Tata Teleservices (Maharashtra)   when it decided to merge its operations with Tata Teleservices (Maharashtra). 

The merger between TTML and Bharti Airtel was completed, leading to the transfer of TTML's consumer mobile business to Airtel. However, TTML continued its operations in Maharashtra, focusing on providing enterprise services and broadband connectivity. Since the merger, TTML has been leveraging its infrastructure and expertise to serve enterprise customers and deliver broadband services in Maharashtra.

Tata Teleservices (Maharashtra) Ltd: Awards Received

● TTML -Innovation and Technology (Inn-Tech) Award 2021 for the “Best Innovation by a Communications Sector Enterprise” recognising Smartflo
● TTML -CIO Select Awards 2021 for “Integrated telco-grade Cloud Communication Suite (Smartflo)”
● TTML- CII Customer Obsession Award 2018 for “Active Customer Engagement”
● TTML -TelecomLead “Product Innovation Award 2018” for SmartOffice® product.

Important Facts on  Tata Teleservices (Maharashtra)

TTML is a subsidiary of Tata Teleservices Limited (TTSL), which is part of the Tata Group, one of India's largest business conglomerates. Although TTML primarily operates in the state of Maharashtra, offering telecommunication services to both retail and enterprise customers. Its services include mobile voice and data, broadband internet, fixed-line services, and enterprise solutions.

In 2009, TTSL entered into a strategic partnership with NTT DOCOMO, one of the leading mobile operators globally. This partnership brought technological expertise and financial support to TTSL and its subsidiaries, including TTML.
In 2017, TTML announced its merger with Bharti Airtel, one of India's largest telecom operators. As a result, TTML transferred its consumer mobile business to Airtel while continuing its operations in Maharashtra, focusing on enterprise services and broadband connectivity.

TTML has been involved in initiatives to enhance digital connectivity in rural areas and promote digital inclusion. These efforts aim to bridge the digital divide and provide access to telecom services to underserved communities.

Over the years, TTML has built a significant customer base in Maharashtra, catering to both individual consumers and businesses with its telecom and broadband services.TTML Shares prices have been varying in the NSE and BSE but investors are happy with the returns the TTML shares have brought it.


Tata Teleservices (Maharashtra) Limited (TTML) offers a range of telecommunication services including mobile voice and data, broadband internet, fixed-line services, and enterprise solutions. TTML has its own network infrastructure and has been licensed to provide both GSM and CDMA mobile services. The company has a strong presence in Maharashtra, serving a diverse customer base. 

While it faced financial challenges and decided to exit the consumer mobile business in most circles, TTML continues to focus on enterprise services and broadband connectivity. With its affiliation to the Tata Group and its ongoing efforts to enhance digital connectivity, TTML plays a significant role in the telecommunications industry in Maharashtra.
 

 

Tata Teleservices (Maharashtra) FAQs

What is Share Price of Tata Teleservices (Maharashtra) ?

Tata Teleservices (Maharashtra) share price is ₹74 As on 29 March, 2024 | 10:03

What is the Market Cap of Tata Teleservices (Maharashtra) ?

The Market Cap of Tata Teleservices (Maharashtra) is ₹14466.5 Cr As on 29 March, 2024 | 10:03

What is the P/E ratio of Tata Teleservices (Maharashtra) ?

The P/E ratio of Tata Teleservices (Maharashtra) is -12.1 As on 29 March, 2024 | 10:03

What is the PB ratio of Tata Teleservices (Maharashtra) ?

The PB ratio of Tata Teleservices (Maharashtra) is -0.6 As on 29 March, 2024 | 10:03

Q2FY23