Tata Teleservices spurts post reporting March subscriber’s figures

Tata Teleservices (Maharashtra) is currently trading at Rs. 8.35, up by 0.49 points or 6.23% from its previous closing of Rs. 7.86 on the BSE. The scrip opened at Rs. 7.98 and has touched a high and low of Rs. 8.57 and Rs. 7.98 respectively. So far 1900959 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 10.26 on 21-May-2013 and a 52 week low of Rs. 4.83 on 13-Jun-2013. Last one week high and low of the scrip stood at Rs. 8.08 and Rs. 7.30 respectively. The current market cap of the company is Rs. 1646.05 crore. The promoters holding in the company stood at 74.90 % while Institutions and Non-Institutions held 0.69 % and 24.42 % respectively. Tata Teleservices (Maharashtra) (TTML) has reported the subscriber figures as on March 31, 2014. The company’s total subscribers stood at 10,578,258 of which Wireline contributes 779,780, FWT 742,054 and Mobile 9,056,424 subscribers. In Mumbai service area, the company’s total subscribers stood at 3,996,088 of which Wireline contributes 523,926, FWT 7,356 and Mobile 3,464,806 subscribers while in Rest of Maharashtra, the company’s total subscribers stood at 6,582,170 of which Wireline contributes 255,854, FWT 734,698 and Mobile 5,591,618 subscribers. Tata Teleservices Maharashtra (TTML) is a part of the Tata Group. This telecom services company has its presence all over Maharashtra and Goa.