Do You Own This Multibagger Stock  From Telecom Sector?

Shares of Tata Teleservices have delivered over 1200 per cent return to its shareholders in the last two years

Multibagger return

Currently, the stock is down over 65 per cent from its 52-week high. 
The scrip hit its 52-week high of Rs 291.05 on January 11, 2022, and a 52-week low of Rs 88.40 on August 29, 2022.

Down 65% from
52-week high

Tata Teleservices (TTSL), along with its subsidiary Tata Teleservices (Maharashtra), is a growing market leader in the Enterprise space.

About the company

It offers a comprehensive portfolio of voice, data and managed services to enterprises and carriers in the country under the brand name Tata Tele Business Services (TTBS)

About the company

Tata Teleservices announced the strategic expansion of its cloud communication suite Smartflo with the WhatsApp Business Platform.

Recent Developments

It said this integration will help businesses map customer operational needs over multiple channels.

Recent Developments

The company posted a net loss of Rs 292.7 crore in the quarter ended September 2022 as against net loss of Rs 313.6 crore during the previous quarter ended September 2021.

September quarter update

Revenue from operations rose to Rs 277.6 crore in the quarter ended September 2022 as against Rs 268.7 crore during the same quarter last year

September quarter update

Shares of Tata Teleservices ended 1.19 per cent lower at Rs 100 on BSE on December 5, 2022. Market cap of the firm fell to Rs 19,549.28 crore

Current market price

Zomato stock: Down 55% from 52-week high! What's next?

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