This Tata Group stock plunged 10% a day after rallying 19% post Q2 results. Do you own?

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Tata Teleservices (Maharashtra) shares: The company reported a net loss of Rs 59 crore in Q2 FY27.

Tata Teleservices (Maharashtra) shares dropped to Rs 34.24 apiece on NSE on Friday morning, with its market capitalisation falling to nearly Rs 6,740 crore. The stock has overall fallen more than 30% in 2026 so far and 59% in three years.

The company on Thursday reported a net loss of Rs 59 crore for the July-September quarter of the ongoing financial year 2027, lower than the Rs 321 crore net loss reported in the same period last year and Rs 72 crore reported in the first quarter of FY27.

The company’s revenue from operations came in at Rs 310 crore, marking an improvement of 8.4% from Rs 286 crore posted in the corresponding quarter of the previous financial year. In the previous quarter, revenue came in at Rs 301.57 crore, the company said in a regulatory filing.

EBITDA or earnings before interest, tax, depreciation and amortization came in at Rs 165 crore, up from Rs 140 crore in the year-ago period. The figure was flat on a sequential basis.

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Tata Teleservices reported its September quarter results during market hours on October 22, triggering a 19% rally in the stock. However, the shares fell sharply in the following session as investors booked profits.

Alongside its Q2 results, the company announced several appointments. Gaurav Gupta was appointed Additional Director (non-executive and non-independent) with effect from October 23, 2026. Sweety Mamodia will take over as company secretary and compliance officer from November 1, 2026.

The company also appointed Sai Pratyush, Vice President of Strategy, and Vaibhav Ambradkar, General Manager of the Customer Experience Group, as members of its senior management.

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Tata Teleservices Limited operates primarily under the Tata Tele Business Services (TTBS) brand, providing integrated information and communication technology (ICT) and digital connectivity solutions to enterprises, startups and small and medium-sized businesses (SMBs) across India.