Tata Teleservices (Maharashtra) Limited, a subsidiary of Tata Teleservices Limited, has been facing continuous losses recently. However, since it is a company belonging to the Tata Group, there is a grace for this company's stock among investors. The company has been included in the BSE 500 Index. For the 2nd consecutive day in the stock market, the share price of Tata Teleservices (Maharashtra) Limited has risen and made everyone look back. The company's share price rose by more than 15 percent to Rs.79.50 during trading in the stock market today. At this price, the company's stock has given a return of more than 35 percent in just two days (May 21, 22).
In the wake of the sudden rise in the share price of Tata Teleservices (Maharashtra) Limited, there is information that Tata Sons, the holding company of the Tata Group, will make a new investment in Tata Teleservices. Tata Teleservices has a total liability of Rs. 19,256 crore in Adjusted Gross Revenue (AGR) and other statutory dues payable to the government. Tata Teleservices is in a difficult situation of having to pay Rs. 19,256 crore to the central government by march 2026. Due to this, it was reported that Tata Sons will make a new investment in the company. This is the main reason for the rise in the price of Tata Teleservices (Maharashtra) Ltd.

Jigar S Patel, Senior Manager, Technical Research Analyst, anand Rathi, said that the support price of Tata Teleservices (Maharashtra) Ltd. is Rs. 74 and the resistance price is Rs. 80. If the price of this bank crosses Rs. 80, it can rise further towards Rs. 84. In the short term, the price of this bank is expected to be in a trading range of Rs. 70 to Rs. 84. The stock price of Tata Teleservices (Maharashtra) Limited hit a new 52-week high of Rs 11.48 during intraday trading on the bombay Stock Exchange on July 19, 2024. However, the stock has been declining since then. The stock price hit a new 52-week low of Rs 50.01 during intraday trading on april 7.
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Sowmiya Sriram

23/05/2025 12:34 PM