TTML Share Price returned 209.66% CAGR in 3 years
Tata Teleservices Maharashtra Limited (NSE: TTML) company’s core business segment is into Telecom Services and is been selected for investing long term horizon over an year and above based on the strong fundamental and technical analysis provided here in this article.
Technical analysis indicators; Simple Moving Average (SMA) 200 value 134.2 above the SMA 300 value 100.6 while the Relative Strength Index (RSI) is showing at 43.88. The trendline is very strong which indicates a good bullish momentum ahead for growth. The can be accumulated through stock SIP investment option in
Zerodha Trading App
for better stock price averaging while investing.
The market capitalization as on publishing day stands at Rs. 22873/- Crore positioning it in large cap stocks group listed on NSE India.
What made TTML Share Price to return 209.66% CAGR in the last 3 years?
TTML Share Price is currently trading at Rs.
115.8
per stock &
TTML Technical Chart
the performance of the stock over the last 3 years of time frame which is considered to be a good investment period shows amazing profits at CAGR 209.66%
& now the opportunities indicates to invest based on above technical & following stock fundamentals.
TTML's 52 week low price at Rs. 32.75/- & 52 week high price at 290.15/-
Why one should consider TTML Share Price now?
Following are the strong fundamental analysis of TTML Share Price which will definitely make to think in one of the large cap companies of India for decent profits for a medium to long term investment horizon.
Fundamental Analysis of TTML
| Market Capitalization | Rs. 22873 Crore | Return On Equity (ROE) | N/A |
| P/E Ratio (TTM) | N/A | EPS (TTM) | -6.22 |
| P/B Ratio | N/A | Dividend Yield | N/A |
| Industry P/E Ratio | 17.99 | Book Value | -96.33 |
| Debt to Equity | N/A | Face Value | 10 |
Financial Statement of TTML
| Yearly | Revenue (Rs. Crores) | Profit (Rs. Crores) | Net Worth (Rs. Crores) |
| 2018 | 1,869.0 | (9,842.0) | (15,159.0) |
| 2019 | 1,277.0 | (668.0) | (14,820.0) |
| 2020 | 1,078.0 | (3,714.0) | (17,479.0) |
| 2021 | 1,044.0 | (1,997.0) | (18,491.0) |
| 2022 | 1,094.0 | (1,215.0) | (18,832.0) |
Shareholding Pattern of TTML
| Promoters | 74.36% |
| Retail Investors | 23.26% |
| Foreign Investors | 2.34% |
| Mutual Funds | 0.04% |
| Other Domestic Institutions | 0.00% |
TTML
Tata Teleservices Maharashtra Limited (TTML) was a subsidery of Tata Groups under the brand name Tata DoCoMo (GSM mobile operator & wireless broadband) earlier serving broadband, telecommunications and cloud based solutions but due to huge losess in the segment TTML sold its business to Bharti Aritel in the year 2017 for debtfree & cash free deal & merger operaton completed in the year 2019.
Now the TTML services changed from telecommunications to connectivity, collaboration, security, IoT and marketing solutions to offer a holistic services for businesses & enterprises under the new brand name Tata Tele Business Services (TTBS). TTBS is providing digital technology based solutions to small & medium scale businesses to impact the competitiveness in the market. Read more about TTML company here from its official website.
Competitors of TTML
As TTML comes under Telecom Services sector; there are quiet a few peer competitors to TTML and here is a list of Top 5 Telecom Services Companies based on market capitalization as on publishing day are as follows…
How to invest in Stock Market with the Best Trading App in India?
Here is the list of top stock brokers in India who made the trading in stock market made hassle free and best user experience with very attractive competitive brokerage charges.
- Zerodha
- Groww
- 5paisa
What makes the best to go for Zerodha Account Opening
Breaking the barriers of brokerage charges among other competitors by the time company incorporated in 2010; Evolve, rise & conquer the market with flat Rs.20/- or less; which ever is low concept, now Zerodha is on India's no.1 position.
Zerodha Kite Features
Why don't to utilize the Stock SIP investing option to invest in TTML on regular basis on convenient day of every month on Zerodha product Kite. Now Zerodha Account Opening is very easy and Zerodha Demat Account for starting stock SIP investing right now.
Do you know the stock broker who turned-up unicorn: Groww App
The tough competitor now to Zerodha is Groww who turned-up unicorn startup of India facilitating not only the stocks investing but also mutual funds unlike Zerodha only provides stock trading. Groww recently introduced US stocks trading into its new product offering. Why waiting for something else and start investing right now in TTML with Groww App.
Groww App Download
Excited; how to open Demat account with Groww App; Here we share a link for opening the Demat account with Groww App.
Never forget the senior broker: 5paisa
Senior most broker among the above; 5paisa (a.k.a. IIFL Securities) using different accounts over a period of time; found 5paisa is now in line to the charges and best user experience with the app. So why don’t to consider buying TTML now, click here to open Demat account with 5paisa App.
References and Links:
- TTML stock chart: https://chartink.com/stocks/TTML.html
- About TTML Company Profile: https://www.tatatelebusiness.com/aboutus-ttml/
- Zerodha Account Open: https://zerodha.com/open-account?c=XT4406
- Groww Account Open: https://app.groww.in/v3cO/ytmyw8ym
- 5paisa Account Open: https://cutt.ly/qLf9zZW
It takes 30 long years to turn Rs.1/- worth Rs.1000/- which means doubling money once in every 3 years at a rate of CAGR 26.67% returns. Early investment start time is NOW else 30 years before :-)
Happy investing for prosperity.
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