Tata Teleservices (Maharashtra) Ltd's Stock Sees Decline of -5.12% on October 25th, 2024

Oct 25 2024 02:20 PM IST
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On October 25th, 2024, Tata Teleservices (Maharashtra) Ltd, a midcap telecommunication service provider, saw a decline in its stock price by -5.12%. The stock has been on a downward trend for the past two days, with a consecutive fall of -7.66%. It is currently trading below its moving averages and has underperformed the overall market.

Tata Teleservices (Maharashtra) Ltd, a midcap telecommunication service provider, has seen a decline in its stock price by -5.12% on October 25th, 2024. This underperformance is reflected in the stock's 'Strong Sell' rating given by MarketsMOJO.

The stock has been on a downward trend for the past two days, with a consecutive fall of -7.66% during this period. On the same day, the stock touched an intraday low of Rs 68.67, a decrease of -5.3%. Additionally, Tata Teleservices (Maharashtra) Ltd is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the overall market performance, Tata Teleservices (Maharashtra) Ltd has underperformed the Sensex by -3.96% on the day of October 25th, 2024. Over the past month, the stock has also seen a decline of -19.51%, while the Sensex has only decreased by -7.01%.

Despite these recent declines, Tata Teleservices (Maharashtra) Ltd remains a midcap company in the telecommunication service provider industry. As a fact-based article, it is important to note that this news is not a recommendation to buy or sell the stock, and it does not mention any potential future growth or investor interest. This information is solely based on the stock's performance on October 25th, 2024.
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