India's Tata Teleservices hits over 1-week high on block deals

Tata Teleservices (Maharashtra)

29/12/2022 04:43

** Shares of Tata Teleservices (Maharashtra) Ltd  TTML.NS 
rise as much as 4.96% to 96.2 rupees, highest since Dec. 20
    ** About 2.7 mln shares trade in three separate block deals
as of 9.55 a.m. IST, according to Refinitiv data 
    ** Co eyes fourth straight session of gains
    ** About 5.6 mln shares change hands by 9:55 a.m. IST vs
30-day avg. of ~1.9 mln shares
    ** Stock has been trading below its 100-day and 200-day
simple moving averages for more than three months
    ** Stock down ~54% so far this year
 (Reporting by Biplob Kumar Das in Bengaluru)
 ((Biplobkumar.das@thomsonreuters.com))