Tata Group Stock Under Rs 80 Falls Over 5% Today, Dips 49.66% From 52-Week High

Shares of Tata Group stock, Tata Teleservices (Maharashtra) Ltd witnessed a decline of over 5% intraday on June 14, 2023. Last trading price of Tata Teleservices share is Rs 75.81 per share on BSE. It has a market capitalisation of Rs 14,820.31 crore. The stock fell 49.66% from its 52-week high price of Rs 149.00 apiece. Check details below:

Tata Teleservices Stock Performance: The 52-week high price of Tata Teleservices share is Rs 149.00 per share and 52-week low price of the stock is Rs 49.80 apiece. Tata Teleservices stock declined 49.66% from its 52-week high price if the current market price of the stock is taken into consideration.

Tata Teleservices Return: Shares of Tata Teleservices witnessed a surge of 11% in last 1-month, 23% surge in last 2-weeks, and gained 22% in last 1-months. Tata Teleservices shares declined 23% in last 6-months, 42% in last 1-year, gave a return of 197% in last 2-years, and a whopping return of 2072% in last 3-years.

Tata Teleservices Financial Performance: The company declared its EBITDA at Rs. 133.58 crore in March 2023, up 5.82% from Rs. 126.23 crore in March 2022. Its net sales reported at Rs 280.13 crore in March 2023, up 2.69% from Rs. 272.78 crore announced in March 2022. Meanwhile, the quarterly net loss announced at Rs. 277.07 crore in March 2023, up 1.27% from Rs. 280.62 crore in March 2022.

About: Tata Teleservices Limited along with its subsidiary, Tata Teleservices (Maharashtra) Limited, is a leading enabler of digital connectivity and cloud solutions to enterprises. It offers a comprehensive portfolio of ICT solutions for businesses in India under the brand name Tata Tele Business Services (TTBS), as per its official website.

Disclaimer: The stock witnessed over 5% decline intraday. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.