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Tata Teleservices (Maharashtra) drops as Q2 net loss widens

Capital Market / 14:15 , Nov 04, 2011

Tata Teleservices (Maharashtra) lost 0.85% to Rs 17.40 at 14:11 IST on BSE after reporting net loss of Rs 130.21 crore in Q2 September 2011, higher than a net loss of Rs 97.90 crore in Q2 September 2010.

The company announced its results after market hours on Thursday, 3 November 2011.

Meanwhile, the BSE Sensex was up 32.52 points, or 0.19% to 17,514.45.

On BSE, 3.41 lakh shares were traded in the counter as against average daily volume of 4.66 lakh shares in past one quarter.

The stock hit a high of Rs 17.95 and a low of Rs 17.35 so far during the day.

The company has an equity capital of Rs 1897.20 crore. Face value per share is Rs 10.

Tata Teleservices (Maharashtra)'s net sales rose 10% to Rs 613.24 crore in Q2 September 2011 over Q2 September 2010.

Tata Teleservices (Maharashtra) offers telecom services in the Mumbai, Maharashtra and Goa circles.

 



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