Last Trading Day There Was A Huge Rise But This ₹73 Tata Share Crashed; What Is The Future?
TTML share price: Today, in this post we’ll discuss about TTML latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding.
We hope our analysis will provide you better insight about the company.
There was a rumble in the stock market on the final session of trading for the year 2024.
With this boom, however, there was a massive drop in the share prices that belong to Tata firm Tata Teleservices Limited (NSE: TTML). The stock was closed at 73.96 on the previous day.
The share dropped 1.45 percent from its close of 75.05 the previous day. Let us inform you that the 52-week lowest price of TTML shares is 49.80.
As of September 20, 2023, the cost was Rs 109.10. It was also the 52-week record for the share.
What Did The Quarterly Results Look Like?
In a discussion of the December quarter’s results for TTML, The net loss of the company was 307.69 crore.
The loss was about 279.79 crore during the same timeframe one year ago. In terms of sales, it grew by 5.01 percent to 296.03 crore.
This was 281.90 crore during the same time last year. At the end of the December quarter, the promoters held 74.36 percent of the corporation.
When we examine its shareholding structure, Tata Teleservices’ stake was higher than 48 percent.
Tata Sons and Tata Power’s stake was 19.58 percent and 6.48 percent, respectively. The public shareholding amounts to 25.64 percent.
About TTML
The company i.e. TTML offers connectivity and communications solutions to its customers.
Offers services such as cloud, help, connectivity security, IoT, and solutions for marketing in India.
The brand name brand name is Tata Tele Business Services (TTBS). TTBS provides integrated telecom services for businesses.
Training For 3.5 Lakh Employees
Another Tata firm Tata Consultancy Services (TCS) has been training its 3.5 lakh workers to learn Generative Artificial Intelligence (Gen-AI).
The company stated on January 1st that 1.5 lakh employees had been trained in a variety of skills programs, which is believed to be the largest chance for TCS in the coming years.
GenAI is more than doubling the amount of employees that they have enrolled in GenAI.
The company was the first tech company to establish a separate division for AI and Cloud in 2023, to cater to the ever-growing demands of its customers in cloud computing and AI adoption.
About Tata Teleservices (Maharashtra) Ltd (TTML)
Tata Teleservices (Maharashtra) Limited is involved in providing connectivity and communication solutions to companies.
Its primary focus is on Wired as well as wireless communications including data, wireline voice, and Cloud & Software as a Service (SaaS) solutions.
Its offerings include connectivity, collaboration, cloud services, Internet of Things (IoT) security, and marketing solutions.
Cloud and software-based services like smart cloud services, Microsoft 365, Microsoft Azure, Zoom Communications, Google Workspace, and WhatsApp Business Platform.
Cyber security solutions like Seqrite endpoint security as well as security for email.
Marketing solutions like toll-free service as well as hosting IVR and OBD Call register services along with SMS services.
Enterprise voice solutions like international Bridging solutions, SIP trunk, and Centrex.
The total operating income from the business is 1106.17 crores. The equity capital amounts to 1954.93 crores.
Fundamental Analysis of Tata Teleservices (Maharashtra) Ltd
| Market Cap | ₹ 14,466 Cr. |
| Current Price | ₹ 74.0 |
| 52-wk High | ₹ 109 |
| 52-wk Low | ₹53.5 |
| Stock P/E | — |
| Book Value | ₹ -97.9 |
| Dividend | 0.00 % |
| ROCE | 39.8 % |
| ROE | — |
| Face Value | ₹ 10.0 |
| P/B Value | — |
| OPM | 45.5 % |
| EPS | ₹ -6.12 |
| Debt | ₹ 19,916 Cr. |
| Debt to Equity | — |
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 110 | ₹ 132 |
| 2025 | ₹ 145 | ₹ 165 |
| 2026 | ₹ 170 | ₹ 180 |
| 2027 | ₹ 215 | ₹ 224 |
| 2028 | ₹ 250 | ₹ 289 |
| 2029 | ₹ 300 | ₹ 322 |
| 2030 | ₹ 325 | ₹ 335 |
| Promoters Holding | |
| Dec 2022 | 74.36% |
| Mar 2023 | 74.36% |
| June 2023 | 74.36% |
| Sept 2023 | 74.36% |
| Dec 2023 | 74.36% |
| FII Holding | |
| Dec 2022 | 2.18% |
| Mar 2023 | 2.16% |
| June 2023 | 2.03% |
| Sept 2023 | 2.23% |
| Dec 2023 | 2.26% |
| DII Holding | |
| Dec 2022 | 0.04% |
| Mar 2023 | 0.04% |
| June 2023 | 0.05% |
| Sept 2023 | 0.06% |
| Dec 2023 | 0.05% |
| Public Holding | |
| Dec 2022 | 23.40% |
| Mar 2023 | 23.43% |
| June 2023 | 23.56% |
| Sept 2023 | 23.35% |
| Dec 2023 | 23.33% |
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 1,277 Cr |
| 2020 | ₹ 1,078 Cr |
| 2021 | ₹ 1,044 Cr |
| 2022 | ₹ 1,094 Cr |
| 2023 | ₹ 1,148 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ -668 Cr |
| 2020 | ₹ -3,714 Cr |
| 2021 | ₹ -1,997 Cr |
| 2022 | ₹ -1,215 Cr |
| 2023 | ₹ -1,196 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | -0.75 |
| 2020 | -0.51 |
| 2021 | -0.57 |
| 2022 | -0.83 |
| 2023 | -0.72 |
Last 10 Years’ Profit Growth:
| 10 Years: | -13% |
| 5 Years: | 7% |
| 3 Years: | 4% |
| Current Year: | -5% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | — |
| Last Year: | — |
Sales Growth Over 10 Years:
| 10 Years: | -8% |
| 5 Years: | -10% |
| 3 Years: | 1% |
| Current Year: | 5% |
Conclusion
This article is a complete guide about Tata Teleservices Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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