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TTML strengthens as its total subscribers stood at 10,512,055 in January 2016

10 Feb 2016 Evaluate

TTML is currently trading at Rs. 6.48, up by 0.05 points or 0.78% from its previous closing of Rs. 6.43 on the BSE.

The scrip opened at Rs. 6.35 and has touched a high and low of Rs. 6.50 and Rs. 6.30 respectively. So far 42,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 9.60 on 03-Mar-2015 and a 52 week low of Rs. 5.62 on 27-May-2015.

Last one week high and low of the scrip stood at Rs. 6.94 and Rs. 6.30 respectively. The current market cap of the company is Rs. 1,266.00 crore.

The promoters holding in the company stood at 74.90% while Institutions and Non-Institutions held 0.75% and 24.36% respectively.

Tata Teleservices (Maharashtra) (TTML) has reported the subscriber figures as on January 31, 2016. The company’s total subscribers stood at 10,512,055 of which Wireline contributed 810,272, FWT 698,735 and Mobile 9,003,048 subscribers.

In Mumbai service area, the company’s total subscribers stood at 38,00,602 of which Wireline contributed 5,28,675, FWT 5,437 and Mobile 32,66,490 subscribers while in Rest of Maharashtra, the company’s total subscribers stood at 67,11,453 of which Wireline contributed 2,81,597, FWT 6,93,298 and Mobile 57,36,558 subscribers.

Tata Teleservices Maharashtra is a part of the Tata Group. This telecom services company has its presence all over Maharashtra and Goa.


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