A share of Tata Group is not performing very well this year. This stock has been declining for several days in a row. This stock has caused huge losses to its investors this year. This share is owned by Tata Teleservices Ltd. (TTML) . TTML’s stock has lost up to 53% so far this year. Has fallen by 16% in a month. Presently its share price is Rs 103.
Presently its share price is Rs 103.
Shares fell from Rs 290 to ₹ 103
Shares of TTML have fallen from Rs 290 till now at ₹ 103 in YTD this year. That is, this stock is in a loss of about 53%. The stock stood at Rs 290 on January 11 and is currently priced at Rs 103.75.
Accordingly, if an investor had invested Rs 1 lakh in this in January this year, then this amount would have come down to Rs 35,000. TTML share price had reached its 52 week high of Rs 291.05 on January 11. At the same time, its 52 week low price is Rs 39. TTML Share touched 52 Week Low on 04/10/2021.
Tata Group Company Business
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TTML is a subsidiary of Tata Teleservices. This company is the market leader in its segment. The company provides voice, data services. There are many big names in the list of the company’s 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 which are running on digital basis, this lease line will be of great help. In this, security from all types of cyber frauds has been in-built, along with fast internet facility is being provided.