Shares in Tata Teleservices (Maharashtra) (TTML) in trade on October 21, 2020 were locked in upper circuit for the third straight day, up 20 per cent at Rs 4.86 on the BSE. The stock traded at its 52-week high. On the NSE, the stock of Tata Group tele services company quoted at Rs. 4.7 per share. From Friday's closing price of Rs. 2.75, the stock has gained as much as 71 percent in just 3 days.
As per a leading dailies report, the conglomerate Tata group is aiming to revive Tata Teleservices and would harness the latter's technical know-how as well as enterprise solutions for building its SuperApp. Tata SuperApp in all likelihood will provide the complete range of the group's products and services under one roof and cater to consumers one on one. The SuperApp according to the report shall be unveiled in December this year.
TTML offers telecommunication services to its subscribers in Mumbai and Rest of Maharashtra (that includes Goa) telecom circles.