Tata Teleservices shares crashed as much as 11% in morning trade on the BSE on Friday, 23 October, a day after the company announced its September quarter (Q2FY27) results. Tata Teleservices (Maharashtra) share price opened at ₹40.56 against its previous close of ₹38.25 and crashed 10.6% to hit an intraday low of ₹34.20.
The stock suffered sharp losses on Friday morning amid a significant jump in volume, nearly 6 times higher.
The company reported its September quarter results during market hours on 22 October. The stock jumped 19% after the result announcement. However, in the next session, the stock suffered significant losses due to profit-booking.
Apart from the Q2 results, the company also announced the appointments of an additional director, the company secretary and compliance officer, and senior management personnel.
The company announced the appointment of Gaurav Gupta as an Additional Director (non-executive and non-independent), effective 23 October 2026.