Tata Teleservices Shares Decline 6% in Two Days Following Q3 Results
** Tata Teleservices (Maharashtra)**
Shares of Tata Teleservices (Maharashtra) have corrected by more than **6%** over the last two trading sessions. This decline follows the company's December-quarter financial disclosures.
Despite the company reporting a sharp narrowing of losses, investor sentiment remained bearish. The market focused primarily on the top line, where revenue registered a decline of **11.5%** year-on-year.
Technical indicators currently mirror the fundamental concerns, signaling sustained pressure on the stock in the near term.