Tata Teleservices shares slide 6% in 2 days after Q3 results
Tata Teleservices (Maharashtra) shares extended their post-earnings slide on Wednesday, taking the two-day decline to more than 6%, as investors looked past a sharp narrowing of losses and focused instead on a double-digit drop in revenue and a deteriorating technical picture.
Shares of Tata Teleservices (Maharashtra) fell as much as 3.1% on Wednesday to ₹42.22 on the BSE. The stock had already declined about 3% on Tuesday after the company reported its December-quarter results, taking the cumulative fall since the earnings announcement to 6.3%.
