Tata Teleservices (Maharashtra) shares surged over 6% during Muhurat Trading on Sunday, 8 November, extending their winning streak to a fourth consecutive session. The stock has gained more than 23% over these four trading sessions, despite the company disclosing a regulatory penalty imposed by the Department of Telecommunications (DoT).
The telecom operator received a penalty of ₹25,000 from the DoT on 6 November 2026, for alleged violations of certain provisions of its Unified License Agreement. The company disclosed the development in a stock exchange filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The DoT's Access Services Wing issued the order citing an alleged instance of non-compliance with these requirements. The financial impact on the company is limited to the penalty of ₹25,000.
The company reported a net loss of ₹59 crore for the July-September quarter of FY27, narrowing significantly from a loss of ₹321 crore in the corresponding quarter last year. The loss was also lower than the ₹72 crore recorded in the first quarter of FY27.
Revenue from operations rose 8.4% year-on-year to ₹310 crore in Q2 FY27, compared with ₹286 crore in the year-ago period. On a sequential basis, revenue increased from ₹301.57 crore in the preceding quarter, according to the company's regulatory filing.