Tata Teleservices (Maharashtra) Ltd's shares rose sharply for the second straight session on Thursday. The stock rose 10.70 percent to a day high of Rs 76.44. At this price, it has risen 31.32 percent in just two trading days.

Key Highlights

• Tata Teleservices shares soar 31% in two days amid speculation of Tata Sons' capital infusion.
• Investor optimism rises as Tata Teleservices records 188% YoY profit growth and 22% revenue increase.

The rise comes after news that Tata Sons Ltd, the holding company of the $150 billion Tata Group, may invest new capital into Tata Teleservices Ltd (TTSL) which has experienced losses. By the end of March 2026, TTSL needs to hand over a total of Rs 19,256 crore for AGR and other payments to the government.

Earlier this week, the Supreme Court rejected telecom operators' petitions for a waiver of their long-standing AGR dues.

On a technical basis, the stock traded above the major SMAs for 5 days, 10 days, 20 days, 30 days, 50 days, 100 days, 150 days and 200 days. The RSI for the last 14 days finished at 75.98. Any money level below 30% is thought of as oversold and a value over 70% is referred to as overbought.

This stock shows a negative P/E ratio of 11.51 and a negative P/B ratio of 0.77. EPS figures were -6.54 and the ROE was 6.72. Data from Trendlyne points out that Tata Tele’s beta is 1.4 which means the stock is highly volatile.

In addition to the price action, the scrip saw a high trading volume on the BSE. Approximately 88.62 lakh shares were last seen changing hands, exceeding the two-week average volume of 12.12 lakh. 

Turnover on the counter was Rs 65.99 crore, with a market capitalization (m-cap) of Rs 14,703.01 crore.