Live Tata Teleservices (Maharashtra) Share Price Chart

O 78.3

H 78.3

L 78.3

VOL 35072

Tata Teleservices (Maharashtra) Performance

Days Range

Low: ₹78.20
High: ₹89.75
Previous Close ₹77.70
Open ₹78.30
Volume 4,75,37,483
Day’s Range ₹78.20 - ₹89.75
52W Range ₹59.80 - ₹109.10
Market Cap ₹15,201 Cr

Tata Teleservices (Maharashtra) Fundamentals

ROCE (TTM) 48.48
P/E Ratio (TTM) 0
P/B Ratio 0
Industry P/E 131.32
Debt to Equity -1.0403
ROE 6.1
Dividend Yield 0
Book Value -97.9223297
Face Value 10

Tata Teleservices (Maharashtra) Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales280.13285.51286.82296.03
Profit before tax-277.07-301.18-310.23-307.69
Operating Profit-277.07-301.18-310.23-307.69
Net Profit-277.07-301.18-310.23-307.69
EPS in Rs-1.42-1.54-1.59-1.57

About Tata Teleservices (Maharashtra)

History of Tata Teleservices (Maharashtra) Limited (TTML)

Incorporated in 1995, Tata Teleservices (Maharashtra) Limited (TTML) provides wired telecommunication business services, such as data and voice connectivity and cloud services. The company offers a wide range of solutions, such as connectivity, security, collaboration, cloud and SaaS, marketing, etc., for businesses in India under their brand name Tata Tele Business Services (TTBS).

In October 2000, the company went public and got listed on the exchange. Tata Teleservices (Maharashtra) Limited started as Hughes, which was renamed in 2003. The company started to focus on offering telephony services in Maharashtra. In 2003, Tata Teleservices (Maharashtra) Limited started negotiations with the Airport Authority of India (AAI) to offer Tata Indicom Wi-Fi services at airports. In 2010, the company won the 3G spectrum bid in the Circle of Maharashtra with a bid value of ₹1,257.82 crore.

In 2016, TTML won the spectrum in the 1800 MHz band in Mumbai and Maharashtra service areas. In the next year, the company started offering end-to-end solutions to Small and Medium Enterprises (SME) platforms. In 2021, TTML launched their customer experience platform.

As of March 2023, Tata Teleservices (Maharashtra) Limited offers telecommunication services to their subscribers in Maharashtra, including Goa telecom circles. The company is partnered with organisations like Google, Microsoft, Zoom, Meta, Fortinet, and Seqrite to offer their services. Tata Teleservices (Maharashtra) Limited offers services to small, medium and large-scale companies across various industries, such as Banking, Financial Services and Insurance (BFSI), Information Technology (IT) and IT-enabled Services (ITeS), Manufacturing, Services, Education, Healthcare, Telecom, Media and Entertainment and Retail.

Business Segments of Tata Teleservices (Maharashtra) Limited 

The services offered by the company are as follows:

  • Cloud and SaaS: Under this segment, the company offers specialised cloud management services for Small and Medium Businesses (SMBs).
  • Collaboration: Under this segment, TTML provides solutions for businesses to stay connected with their teams and partners.
  • Data Services: Under this, the company provides data services, such as smart internet, tele WiFi, smart office, retail broadband, business broadband, etc.
  • Voice Services: As the name suggests, under this, the company offers various voice solutions for companies to stay connected.
  • Marketing Solutions: In this segment, the company provides marketing solutions, such as toll-free services, call register services, SMS solutions, etc.
  • Cyber Security: The company offers cyber security solutions, such as email security, endpoint security, multi-factor authentication, virtual firewall, data loss prevention and web security.

As of March 31, 2023, there are no subsidiary companies under Tata Teleservices (Maharashtra) Limited.

Key Personalities of Tata Teleservices (Maharashtra) Limited

Harjit Singh, Managing Director

Harjit Singh is the Managing Director of Tata Teleservices Limited and Tata Teleservices (Maharashtra) Limited. He has about 30 years of experience and has worked at various companies in the Tata Group, such as Tata Housing, Tata Communications, Neotel and Tata AutoComp Systems. He joined Tata Teleservices Limited in 2012.

Corporate Actions of Tata Teleservices (Maharashtra) Limited

Bonus Issue: In 2013, the company announced a bonus share of 2:15 ratio with a record date of August 8, 2013.

Parent Organisation Tata
Founded 1995
Managing Director Amur Swaminathan Lakshminarayanan

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Tata Teleservices (Maharashtra) FAQs

What is the Share price of Tata Teleservices (Maharashtra) (TTML)?

Tata Teleservices (Maharashtra) (TTML) share price as of April 23, 2024, on NSE is Rs 84.90 (NSE) and Rs 84.89 (BSE) on BSE.

Can I buy Tata Teleservices (Maharashtra) (TTML) shares?

Yes, You can buy Tata Teleservices (Maharashtra) (TTML) shares by opening a Demat account with Angel One.

How do I buy Tata Teleservices (Maharashtra) (TTML) from Angel One?

Tata Teleservices (Maharashtra) (TTML) share can be brought through the following modes:
  1. Direct investment: You can buy Tata Teleservices (Maharashtra) (TTML) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Tata Teleservices (Maharashtra) (TTML) shares.

What is the total Asset of TTML?

The total asset of TTML is Rs. 1,365 crores.

What is the main business of TTML?

The main business of TTML is to provide connectivity and communication solutions for businesses. It provides a range of services, including connectivity, collaboration, cloud, security, IoT, and marketing solutions, to enterprise customers under the brand name Tata Tele Business Services.

Who are the promoters of TTML?

Some of the key promoters of TTML are Tata Teleservices Limited, Tata Sons Private Limited, Tata Power Company Limited, and Panatone Finvest Limited.