# TTML (TTML) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/ttml

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹35.73
- Change: -2.48%
- As of: 2026-09-18
- 1D return: -2.48%
- 5D return: -0.50%
- 1M return: -4.59%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, TTML is trading at ₹35.73, with a predominantly bearish technical stance across daily and monthly timeframes, while showing signs of potential short-term strength on the weekly chart. Daily indicators suggest a downtrend, with the price below key moving averages like the 20-day EMA (₹36.97) and 50-day EMA (₹38.44), and the Supertrend indicator signaling bearish conditions. This is reinforced by the monthly timeframe, where the price is also below the Supertrend. However, the weekly chart presents a conflicting signal, with the price trading above the weekly Supertrend (₹32.52), indicating a potential bullish bias in that timeframe. Recent activity includes a downward gap on September 18, 2026, following a wide intraday range on September 17, 2026. The stock is currently trading near its nearest support level of ₹34.98, which is approximately 2.11% below the current price. The nearest resistance is observed at ₹36.61, about 2.47% above the current price.

The stock exhibits elevated risk, with an annualized volatility of 50% and a current drawdown of -57%. The maximum drawdown observed is -62%. This suggests a volatile trading environment. The presence of multiple active weekly patterns, including a Harami, Doji, and Outside Bar, alongside a daily Inside Bar, indicates potential for price movement and indecision. Investors should monitor the price action around the ₹34.98 support and ₹36.61 resistance levels.

- Daily and monthly timeframes indicate a bearish trend, with the price below key moving averages and Supertrend.
- The weekly timeframe shows a bullish signal, with the price above the weekly Supertrend.
- Nearest support is identified at ₹34.98 (2.11% below current price), and nearest resistance is at ₹36.61 (2.47% above current price).
- The stock exhibits high volatility (50% annualized) and a significant current drawdown of -57%.
- Active weekly patterns (Harami, Doji, Outside Bar) and a daily Inside Bar suggest potential for price fluctuations.

- Harami
- Doji
- Outside Bar
- Inside Bar
- Bullish Engulfing Reversal
- Bearish Engulfing Reversal
- Evening Star

### News Context

Tata Teleservices (Maharashtra) Limited (TTML) announced on September 8, 2026, that it had redeemed Commercial Papers worth ₹575 Crore on their maturity date. This action indicates the company met its payment obligations on schedule.

In the preceding week, TTML had responded to the National Stock Exchange of India's (NSE) inquiries regarding a significant increase in trading volume. On August 31, 2026, the company confirmed that all material events had been disclosed as per SEBI regulations and stated there was nothing further to report at that time. This followed an initial notification from the NSE on August 28, 2026, seeking clarification on the volume surge.

- On September 8, 2026, TTML redeemed Commercial Papers amounting to ₹575 Crore, fulfilling its payment obligations.
- On August 31, 2026, TTML informed the NSE that it had no further material information to disclose beyond what had already been reported, in response to an inquiry about increased trading volume.
- The company had previously been contacted by the NSE on August 28, 2026, regarding a significant increase in trading volume.

- Tata Teleservices (Maharashtra) Limited has informed the Exchange regarding a press release dated September 16, 2026, titled "Please see attached Press Release dated September 16, 2026 on TTBS SME Digital Insights - 2026". |SUBJECT: Press Release
- Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal
- Record Date Updates |SUBJECT: Record Date Updates
- Significant increase in volume has been observed in Tata Teleservices (Maharashtra) Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Tata Teleservices (Maharashtra) Limited has submitted their response. |SUBJECT: Spurt in Volume
- Significant increase in volume has been observed in Tata Teleservices (Maharashtra) Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited. |SUBJECT: Spurt in Volume

### What Changed

As of September 18, 2026, Tata Teleservices (Maharashtra) (TTML) has experienced a recent price decrease. The stock closed at ₹35.73 on September 18, 2026, down from its previous price of ₹36.64. The available evidence does not indicate any new filings or news developments for the company around this observation date. The company continues to be listed on the NSE.

- TTML's stock price declined to ₹35.73 on September 18, 2026, from ₹36.64 previously.
- No new filings or news were reported for TTML as of September 18, 2026.
- The company remains listed on the NSE.

### Official Filings

Tata Teleservices (Maharashtra) Limited (TTML) has made several disclosures in recent months. On September 8, 2026, the company confirmed the redemption of Commercial Papers amounting to ₹575 Crore, meeting its payment obligations on the maturity date. Earlier, on July 28, 2026, TTML announced a strategic collaboration with Tata Communications to offer a unified AI platform stack for Small and Medium Businesses (SMBs) in India. This partnership aims to simplify and enhance AI adoption for SMBs by integrating communication and AI capabilities. In financial news, the company released its un-audited financial results for the quarter ended June 30, 2026, on July 23, 2026. The Board of Directors also approved an extension for the redemption term of Non-Cumulative Non-Convertible Redeemable Preference Shares, totaling ₹2,018 Crores, to October 17, 2036. Additionally, the company responded to the National Stock Exchange of India regarding a spurt in trading volume on August 31, 2026, stating that all material events have been disclosed.

- On September 8, 2026, TTML redeemed Commercial Papers worth ₹575 Crore.
- On July 28, 2026, TTML announced a strategic collaboration with Tata Communications for an AI platform for SMBs.
- On July 22, 2026, the Board approved an extension for the redemption of ₹2,018 Crore worth of preference shares until October 17, 2036.
- TTML released its un-audited financial results for the quarter ended June 30, 2026, on July 23, 2026.
- On August 31, 2026, TTML confirmed to the NSE that all material events have been disclosed following a query about increased trading volume.

- Tata Teleservices (Maharashtra) Limited has informed the Exchange regarding a press release dated September 16, 2026, titled "Please see attached Press Release dated September 16, 2026 on TTBS SME Digital Insights - 2026". |SUBJECT: Press Release
- Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal
- Record Date Updates |SUBJECT: Record Date Updates
- Significant increase in volume has been observed in Tata Teleservices (Maharashtra) Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Tata Teleservices (Maharashtra) Limited has submitted their response. |SUBJECT: Spurt in Volume
- Significant increase in volume has been observed in Tata Teleservices (Maharashtra) Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited. |SUBJECT: Spurt in Volume

### Fundamentals

Tata Teleservices (Maharashtra) reported revenue from operations of ₹301.57 crore in Q1 FY2026-27. This marks a sequential increase from ₹295.54 crore in Q4 FY2025-26 and ₹294.31 crore in Q3 FY2025-26. However, the company recorded a loss for the period of ₹72.15 crore in Q1 FY2026-27. This follows a profit of ₹580.93 crore in Q4 FY2025-26 and a loss of ₹150.43 crore in Q3 FY2025-26. The company's Debt Equity Ratio remained stable at -1.0343 in Q1 FY2026-27, compared to -1.034 in Q4 FY2025-26 and -1.032 in Q3 FY2025-26.

Expenses in Q1 FY2026-27 were ₹376.05 crore, a decrease from ₹379.15 crore in Q4 FY2025-26 but higher than ₹442.51 crore in Q3 FY2025-26. The Basic Earnings Loss Per Share was ₹-0.37 per share in Q1 FY2026-27, contrasting with earnings per share of ₹2.97 in Q4 FY2025-26 and a loss of ₹-0.77 per share in Q3 FY2025-26.

- Revenue from operations for Q1 FY2026-27 was ₹301.57 crore.
- The company reported a net loss of ₹72.15 crore for Q1 FY2026-27.
- Profitability fluctuated, with a profit of ₹580.93 crore in Q4 FY2025-26 and losses in Q3 FY2025-26 and Q1 FY2026-27.
- The Debt Equity Ratio was reported at -1.0343 in Q1 FY2026-27.
- Basic Earnings Loss Per Share for Q1 FY2026-27 was ₹-0.37 per share.

### Bull Case

The company's weekly technical trend shows a bullish signal, with the Supertrend indicator at 32.52 and its direction noted as bullish. This suggests a potentially positive short-term momentum on a weekly basis. However, both daily and monthly technical trends are currently indicated as bearish, with Supertrend values of 38.59 and 65.76 respectively. The daily trend also shows negative slopes for its moving averages (EMA 20, SMA 20, SMA 50), and the ADX is relatively low at 12.18, indicating a lack of strong trending momentum. The monthly trend exhibits a higher ADX of 32.01, but with a stronger bearish signal from the Plus DI (12.09) being significantly lower than the Minus DI (24.91). The company has experienced significant period returns, with a 1-year return of -0.38 and a year-to-date return of -0.28, indicating a considerable decline in value over these periods.

- Weekly Supertrend indicator is 32.52 with a bullish direction as of 2026-09-18.
- Daily Supertrend indicator is 38.59 with a bearish direction.
- Monthly Supertrend indicator is 65.76 with a bearish direction.
- 1-year return as of 2026-09-18 is -0.38.
- Year-to-date return as of 2026-09-18 is -0.28.

### Bear Case

The company's stock is exhibiting a bearish trend across daily and monthly timeframes, indicated by technical indicators. The daily chart shows the closing price below key moving averages like the 20-day EMA (₹36.97) and 50-day SMA (₹38.55), with negative slopes suggesting downward momentum. The monthly trend also points to weakness, with the Supertrend indicator in a bearish direction. Furthermore, the stock has experienced significant drawdowns, with a current drawdown of -57% and a maximum drawdown of -62%, highlighting substantial historical price depreciation. Over the past year, the stock has returned -38%, and year-to-date, it has returned -28%, reflecting a prolonged period of underperformance.

- The daily Supertrend indicator is bearish as of 2026-09-18.
- The monthly Supertrend indicator is bearish as of 2026-09-18.
- The stock's return over the past year (as of 2026-09-18) was -38%.
- The year-to-date return (as of 2026-09-18) was -28%.
- The maximum drawdown observed is -62%.

### FAQs

**What was the company's response to the exchange regarding the recent increase in trading volume?**

On August 31, 2026, Tata Teleservices (Maharashtra) Limited informed the National Stock Exchange of India that all material events had been disclosed as required. The company stated there was nothing further to disclose at that time in response to the exchange's inquiry about a significant increase in trading volume.

**What financial obligations did Tata Teleservices (Maharashtra) Limited recently meet?**

On September 8, 2026, Tata Teleservices (Maharashtra) Limited redeemed Commercial Papers amounting to ₹575 Crore. This action confirmed the company's compliance with its payment obligations for these instruments.

**What is the current technical trend for Tata Teleservices (Maharashtra) Limited based on daily and weekly indicators?**

As of September 18, 2026, the daily trend for Tata Teleservices (Maharashtra) Limited is indicated as bearish, with the Supertrend indicator at 38.59 and the 20-day Exponential Moving Average (EMA) at 36.97. In contrast, the weekly trend is indicated as bullish, with the Supertrend at 32.52.

**How has the stock performed over different periods?**

Tata Teleservices (Maharashtra) Limited has experienced negative returns across various timeframes. For example, the one-year return was -38%, the year-to-date return was -28%, and the return since the start of trading was -54%.

- Tata Teleservices (Maharashtra) Limited has informed the Exchange regarding a press release dated September 16, 2026, titled "Please see attached Press Release dated September 16, 2026 on TTBS SME Digital Insights - 2026". |SUBJECT: Press Release
- Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal
- Record Date Updates |SUBJECT: Record Date Updates
- Significant increase in volume has been observed in Tata Teleservices (Maharashtra) Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Tata Teleservices (Maharashtra) Limited has submitted their response. |SUBJECT: Spurt in Volume
- Significant increase in volume has been observed in Tata Teleservices (Maharashtra) Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited. |SUBJECT: Spurt in Volume
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Downtrend
- Weekly trend: Insufficient History
- Pivot point: ₹36.61
- Risk regime: Higher Price Risk

### Support levels
- 31.22
- 34.976666666666674
- 33.31333333333334

### Resistance levels
- 40.175
- 41.73375
- 43.5

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -2.48% |
| return_10 | -6.00% |
| return_1m | -5.60% |
| return_1y | -38.18% |
| return_20 | -4.59% |
| return_3m | -20.41% |
| return_5 | -0.50% |
| return_6m | -10.27% |
| return_since_start | -53.86% |
| return_ytd | -27.91% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -62.09% |
| annualized_volatility | +50.40% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue Growth and Expense Decline Narrow Quarterly Loss

Tata Teleservices (Maharashtra) Limited reported revenue of ₹301.57 crore for the quarter ended 30 June 2026, continuing a steady top-line increase. The net loss narrowed sharply to ₹72.15 crore from ₹324.98 crore a year earlier. The improvement was driven almost entirely by a substantial fall in total expenses, which dropped over 38% compared with the same quarter last year. The company returned to a loss after reporting a large profit in the immediately preceding quarter, keeping the bottom line volatile.

## Revenue Performance

Revenue from operations rose to ₹301.57 crore, a 2.04% increase over the previous quarter (₹295.54 crore) and a 6.09% rise from the year-ago quarter (₹284.25 crore). Sales have increased sequentially in each of the last five quarters, moving from ₹284.25 crore to ₹301.57 crore. However, the pace of growth remains modest.

## Expense Decline and Loss Reconciliation

Total expenses fell to ₹376.05 crore, down from ₹607.54 crore in the corresponding quarter last year — a decline of 38.1%. The reduction in costs was the primary factor behind the narrower loss.

Finance costs accounted for almost the entire drop, falling from ₹432.89 crore to ₹206.09 crore. Employee benefit expense stood at ₹23.08 crore and depreciation at ₹33.27 crore in the current quarter; year-ago comparisons for these items are not available.

Revenue of ₹301.57 crore minus expenses of ₹376.05 crore resulted in a shortfall of approximately ₹74.48 crore. Adding other income of ₹2.33 crore yields a Profit Before Tax of –₹72.15 crore, matching the figure reported. Profit After Tax was identical, indicating no tax expense. In each of the quarters shown, Profit Before Tax and Profit After Tax were equal.

On a year-over-year basis, the loss narrowed significantly. The current quarter’s loss of ₹72.15 crore contrasts with a loss of ₹324.98 crore a year earlier. Sequentially, however, the business swung from a profit of ₹580.93 crore in the March 2026 quarter to the loss in June 2026, a movement of ₹653.08 crore.

## Balance Sheet and Equity Position

The Debt-Equity Ratio stood at –1.0343, little changed from –1.034 in the previous quarter and –1.0407 a year earlier. The ratio has remained within a tight range over the last five quarters. A negative ratio indicates that liabilities exceed assets, resulting in a negative equity position.

## Earnings Per Share

Basic Earnings Per Share from continuing and discontinued operations was –₹0.37, compared with –₹1.66 a year ago. The diluted EPS was also –₹0.37. The year-over-year narrowing in the loss per share reflected the improvement in the bottom-line figure. In the immediately preceding quarter, EPS was a positive ₹2.97, highlighting the quarter-to-quarter variability.

## Key Takeaway

The quarter benefited from a sharp contraction in finance costs, which alone more than covered the entire year-over-year drop in total expenses. This cost relief narrowed the net loss materially even as revenue grew slowly. However, the sequential swing from a substantial profit to a loss underscores the unevenness of earnings. While the year-over-year loss reduction is notable, the company remained unprofitable and its equity position stayed negative.

### Ratios

## Official filings

- 2026-09-16 — Press Release: Tata Teleservices (Maharashtra) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_16092026124134_TTML532371_Press_Release.pdf)
- 2026-09-08 — Generic Announcement: Tata Teleservices (Maharashtra) Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/TTML_08092026140230_TTML_CP_Redmpt_Notification_INE517B14AJ7.pdf)
- 2026-09-04 — Generic Announcement: Tata Teleservices (Maharashtra) Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/TTML_04092026143156_TTML_Record_date_ISININE517B14AJ7.pdf)
- 2026-08-31 — Generic Announcement: Tata Teleservices (Maharashtra) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_31082026112212_TTML532371.pdf)
- 2026-08-28 — Generic Announcement: Tata Teleservices (Maharashtra) Limited — [Official attachment](https://nsearchives.nseindia.com/content/RSS/Online_announcements.xml)
- 2026-07-28 — Press Release: On July 28, 2026, Tata Communications and Tata Teleservices (TTBS) announced a strategic collaboration to provide a unified AI platform stack for India's Small and Medium Businesses (SMBs). This partnership aims to accelerate AI adoption by combining Tata Communications' AI and communication capabilities with TTBS's extensive SMB reach and infrastructure. The collaboration will offer integrated AI solutions, including voice agents with dedicated phone numbers, designed to be simpler, more accessible, and cost-effective for SMBs. — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_28072026113147_TTML532371_Press_Release.pdf)
- 2026-07-23 — Generic Announcement: Tata Teleservices (Maharashtra) Limited published its financial results for the first quarter ended June 30, 2026, on July 23, 2026. The results were announced in the Business Line and Navashakti newspapers and are also available on the company's website. The filing includes extracts of both standalone and consolidated financial results, detailing income, net profit, and other key financial metrics for the quarter and year-to-date periods. — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_23072026125640_TTML532371_Newspaper_Published_Results.pdf)
- 2026-07-22 — Official Filing: The Board of Directors of Tata Teleservices (Maharashtra) Limited approved un-audited financial results for the quarter ended June 30, 2026, with an unmodified limited review report. The board also approved an extension of the redemption term for 20,18,00,000 Non-Cumulative Non-Convertible Redeemable Preference Shares, totaling Rs. 2,018 Crores, until October 17, 2036. Additionally, Mr. Kushalraj Sonigda was appointed as Senior Management Personnel effective July 22, 2026, and M/s T. P. Ostwal & Associates LLP was recommended as Statutory Auditors for a five-year term commencing after the 32nd AGM in 2027.
- 2026-07-22 — Management Change: The Board of Directors of Tata Teleservices (Maharashtra) Limited approved un-audited financial results for the quarter ended June 30, 2026, with an unmodified limited review report. The board also approved an extension of the redemption term for 20,18,00,000 Non-Cumulative Non-Convertible Redeemable Preference Shares, totaling Rs. 2,018 Crores, until October 17, 2036. Additionally, Mr. Kushalraj Sonigda was appointed as Senior Management Personnel effective July 22, 2026, and M/s T. P. Ostwal & Associates LLP was recommended as Statutory Auditors for a five-year term commencing after the 32nd AGM in 2027. — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_22072026124057_TTML532371_Outcome_of_Board_Meeting_June_2026.pdf)
- 2026-07-22 — Official Filing: Tata Teleservices (Maharashtra) Limited announced the appointment of Mr. Kushalraj Sonigda as Senior Management Personnel, effective July 22, 2026. The company also appointed M/s. T. P. Ostwal & Associates LLP as Statutory Auditor for a term of 60 months, effective April 1, 2027. These decisions were outcomes of a board meeting held on July 22, 2026.
- 2026-07-18 — Official Filing: Tata Teleservices (Maharashtra) Limited will hold a board meeting on July 22, 2026, to consider the unaudited standalone financial results for the quarter ended June 2026 and the alteration of securities. The company also intends to consider extending the redemption period for 20,18,00,000 Non-cumulative Redeemable Preference Shares, valued at Rs. 2,018 Crores, issued to Tata Teleservices Limited in 2016, subject to RPS holder consent. The trading window will be closed from July 1, 2026, to July 24, 2026.
- 2026-07-09 — Generic Announcement: Tata Teleservices (Maharashtra) Limited received a notice on July 8, 2026, from the Brihanmumbai Municipal Corporation (BMC) regarding a Rs. 50,000 penalty for non-maintenance of a utility chamber on a municipal road. The company is examining the correctness of the penalty, which represents the maximum financial impact. — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_09072026104931_TTML532371_BMC.pdf)
- 2026-07-07 — Generic Announcement: Tata Teleservices (Maharashtra) Limited has furnished details of securities dematerialized and rematerialized for the quarter ended June 30, 2026, to all stock exchanges where its securities are listed, as per Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This certification was provided on July 7, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_07072026165621_TTML532371_Regulation_74_5.pdf)
- 2026-06-25 — Press Release: Tata Tele Business Services (TTBS) launched a nationwide campaign called #RozBanateHainNayaKal on June 25, 2026, to celebrate micro, small, and medium enterprises (MSMEs) that contribute to India's growth. The campaign aims to highlight the resilience and innovation of MSMEs and TTBS's commitment to supporting their success through digital solutions. Vishal Rally, Chief Revenue Officer at Tata Teleservices Limited, stated that the campaign celebrates these entrepreneurs and reaffirms TTBS's commitment to enabling their growth. — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_25062026133103_TTML532371.pdf)
- 2026-06-25 — Press Release: Tata Tele Business Services (TTBS) launched a nationwide campaign called #RozBanateHainNayaKal on June 25, 2026, to celebrate micro, small, and medium enterprises (MSMEs) that contribute to India's growth. The campaign aims to highlight the resilience and innovation of MSMEs and TTBS's commitment to supporting their growth through digital solutions. Vishal Rally, Chief Revenue Officer at Tata Teleservices Limited, stated that the campaign celebrates these entrepreneurs and reaffirms TTBS's commitment to enabling their success. — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_25062026115927_TTML532371_Press_Release.pdf)
- 2026-06-24 — Generic Announcement: On June 24, 2026, Tata Teleservices (Maharashtra) Limited received an order from the Commissioner, CGST & Central Excise Commissionerate, Belapur, under Section 73 of the Finance Act, 1994. The order reduced a penalty from Rs. 36,14,39,671 to Rs. 7,57,41,389, along with applicable tax and interest, related to alleged irregular Cenvat Credit availment between FY 2009-10 and 2011-12. The company disagrees with the order and plans to take appropriate action. — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_24062026195415_TTML532371.pdf)
- 2026-06-22 — Generic Announcement: Tata Teleservices (Maharashtra) Limited will close its trading window for designated persons from July 1, 2026, until 48 hours after the board meeting to approve financial results for the quarter ending June 30, 2026. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015. — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_22062026171234_TTML532371_Closure_of_Trading_Window_Intimation.pdf)
- 2026-06-15 — Generic Announcement: Tata Teleservices (Maharashtra) Limited responded to the National Stock Exchange of India's inquiry regarding a spurt in volume on June 15, 2026. The company stated that there is nothing further to disclose at this stage and affirmed its commitment to promptly intimating any required information under SEBI regulations. — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_15062026100445_TTML532371.pdf)
- 2026-06-09 — Generic Announcement: On June 9, 2026, Tata Teleservices (Maharashtra) Limited disclosed an order received on June 8, 2026, from the Telecom Regulatory Authority of India (TRAI). TRAI has levied a financial disincentive of Rs. 2,00,000/- for the quarter ending June 2025. This penalty is for alleged contravention of Quality of Service (QoS) parameters for Broadband (Wireline) Service, specifically related to "Fault incidences" and "Fault repair within three working days." The company is reviewing the order and evaluating next steps. — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_09062026121934_TTML532371.pdf)
- 2026-06-08 — Generic Announcement: Tata Teleservices (Maharashtra) Limited responded to the National Stock Exchange of India's inquiry on June 8, 2026, regarding a spurt in trading volume for the script symbol TTML. The company stated that there is nothing further to disclose at this stage and affirmed its commitment to promptly intimating any required information under SEBI regulations. — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_08062026153852_TTML532371_NSE.pdf)
- 2026-06-05 — Generic Announcement: Tata Teleservices (Maharashtra) Limited held its 31st Annual General Meeting on June 5, 2026, via Video Conferencing. All resolutions presented, including the adoption of financial statements for the year ended March 31, 2026, the re-appointment of Harjit Singh as Director and Managing Director, ratification of cost accountant remuneration, and approval of material related party transactions with Tata Teleservices Limited and Tata Communications Limited, were passed with the requisite majority. The meeting also approved availing/acceptance of Inter-Corporate Deposits/Loan. — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_05062026211554_TTML532371_Post_AGM.pdf)
- 2026-06-05 — Generic Announcement: Tata Teleservices (Maharashtra) Limited held its 31st Annual General Meeting on June 5, 2026, via Video Conferencing. All resolutions presented, including the adoption of financial statements for the year ended March 31, 2026, the re-appointment of Harjit Singh as Director and Managing Director, ratification of cost accountant remuneration, and approval of material related party transactions with Tata Teleservices Limited and Tata Communications Limited, were passed with the requisite majority. The meeting also approved availing/acceptance of Inter-Corporate Deposits/Loan. — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_05062026213419_TTML532371_Post_AGM.pdf)
- 2026-05-15 — Generic Announcement: Tata Teleservices (Maharashtra) Limited (TTML) published newspaper advertisements on May 15, 2026, in Business Line and Navshakti regarding e-voting details, email registration, and the 31st Annual General Meeting. This disclosure is in compliance with SEBI Listing Regulations and the Companies Act, 2013. — [Official attachment](https://nsearchives.nseindia.com/corporate/TTML_15052026154758_TTML532371_AGM_Notice_Newspaper.pdf)

## News and market events

- 2026-08-28 — CNBC-TV18: **Tejas Networks, Tata Teleservices rally while BBTC slumps post previous day surge** — Some Nifty 500 stocks rallied on order wins and block deal activity, while others slid on large stake sales and profit booking — here's a look at today's top gainers and losers at market open. — [Source](https://www.cnbctv18.com/market/nifty-500-top-gainers-losers-market-open-tejas-networks-tata-teleservices-ather-energy-share-price-19978788.htm)
- 2026-07-22 — FREEPRESSJOURNAL.IN: **Tata Teleservices (Maharashtra) Posts ₹72.15 Crore Net Loss In Q1 FY27, Extends RPS Redemption** — Tata Teleservices (Maharashtra) reported a standalone net loss of Rs 72.15 crore for the first quarter ended 30 June 2026. The company also announced the extension of its redeemable preference shares — [Source](https://www.freepressjournal.in/business/tata-teleservices-maharashtra-posts-7215-crore-net-loss-in-q1-fy27-extends-rps-redemption)
- 2026-07-22 — The Hindu: **Sensex today | Stock Market Live: Sensex down 700 pts, Nifty slips below 24,000 at midday; banking, IT, pharma drag; auto bucks trend** — Sensex, Nifty, Share Prices LIVE: At 1 pm, Sensex was down 695.97 points (-0.90%) to 76,774.14, Nifty shed 185.40 points (-0.77%) to 24,002.30 — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-22nd-july-2026/article71249266.ece)
- 2026-07-22 — The Hindu: **Q1 Results LIVE: Nestlé PAT up 48% y-o-y, Jubilant Ingrevia shares up, Adani Green, Adani Power, Eternal, Dr Reddy's Lab, NTPC Green, BPCL, HPCL, IndusInd Bank to announce Q1 results today** — Q1 Results Today, 22nd July 2026: Follow our Q1 live updates here — [Source](https://www.thehindubusinessline.com/markets/fy27-q1-results-today-live-updates-adani-green-adani-power-ntpc-nestle-eternal-bpcl-hpcl-indusind-bank-dr-reddys-bajaj-auto-tvs-motor-adani-energy-atgl-mastek-sagility-july-22-2026/article71248906.ece)
- 2026-07-14 — Economic Times: **Textile and apparel exports take a hit in Q1** — The cumulative export of textiles and apparel during April to June 2026 registered a de-growth of -2.95% over April-June 2025. "During June 2026, textile exports increased by 9.64% over the previous year, while apparel exports registered a significant degrowth of -11.25%," said CITI in a statement. — [Source](https://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/textile-and-apparel-exports-take-a-hit-in-q1/articleshow/132400112.cms)

## Business profile

**Strategic vision:** Provides integrated telecom solutions for businesses.

### Business segments
- **Information and Communication Technology (ICT) Services:** TTML delivers a comprehensive portfolio of ICT services under the TTBS brand, encompassing connectivity, collaboration, cloud, cybersecurity, IoT, and marketing solutions.

### Competitive strengths
- Part of the Tata Group, benefiting from its legacy and technological leadership.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

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