The stock of a Tata Group company was pauperizing its investors for the past several sessions. Today one is back on its track. Today it is at Rs 132.45 with Upper Circuit of 4.99 Fees. It has already paid one lakh rupees to its investors for about 45 lakhs in the last three years.
Yes. We are talking about Tata Teleservices Ltd., a Tata Group company. (TTML) of . Investors who invested in the shares of this company a year ago became rich, but those who have invested money in this stock a week or 3 months ago, they are facing the pauper. In one week, his capital has decreased by 9.93 percent and in three months his money has decreased by about 19.24 percent.
After making the shares of this company of Adani Group rich
Today upper circuit is engaged in TTML and the stock has risen by almost 5 percent to Rs 132.45. Let us tell you that this telecom company TTML has given a return of 938.82 percent in one year. That is, whoever would have invested one lakh rupees in it a year ago, his one lakh 10 lakhs would have become 38000 rupees. Because, a year ago its price was Rs 12.30. Let us tell you that on January 11, the stock of TTML closed at its all-time high of Rs 290.15. On March 8, this stock had come down to Rs 93.40.
4389.83 percent return in three years
The stock of TTML has given a return of about 4400 percent in 3 years. That is, the money of investors who invested one lakh rupees in this stock three years ago has now jumped to about 45 lakhs.
Investors, who had invested in the shares of this Tata Group company with a market capital of Rs 25893 crore, were disappointed till about a month ago. After the company’s quarterly results came out, this stock continued to see lower circuit. Tell Tata Teleservices Ltd. (TTML)’s decision to convert interest related to adjusted gross revenue (AGR) dues into equity, the stock fell sharply. After this the company canceled its decision, then the stock jumped for a few days, but after the news of the company having a net loss of Rs 302 crore in the third quarter ended December 2021, it started getting lower circuit every day. There was a loss of 298 crores in the year-ago quarter.
What does TTML do?
TTML is a subsidiary of Tata Teleservices. This company is the market leader in its segment. The company provides voice, data services. The company has many big names in its list of customers. According to market experts, last month the company has started smart internet based service for companies. It is getting tremendous response, as companies are getting cloud based security services with fast internet and optimized control.
Its biggest feature is cloud based security, which will keep the data safe. Businesses that are running on a digital basis will get a lot of help from this lease line. In this, security from all types of cyber frauds has been in-built, along with fast internet facility is being provided.