A note before you read this: This reflects my personal experience and observations as of May 2022 — genuinely old given how quickly markets move. It isn’t current investment advice. Check today’s price and financials before making any decision, and consider speaking with a SEBI-registered financial advisor for personalized guidance.
I write about stocks when I find something interesting — I am not a stock analyzer or stock market advisor. So this time I am writing about Tata Teleservices (Maharashtra) Ltd, which I found to be an interesting stock at the time: one with decreasing year-on-year profits, yet still trading actively on the share market.
I first heard about Tata Teleservices (Maharashtra) Ltd (TTML) from an acquaintance, and started following it out of curiosity — the company had been posting year-on-year losses with no major new business announced, yet the stock price kept moving actively, which I found worth understanding better.
Doing a bit of research, I learned TTML is a subsidiary of Tata that deals with telecommunications, broadband, and cloud services.
Even though the company was posting consecutive losses at the time, it held substantial assets — tower stations and other telecom infrastructure — which could carry real value in an acquisition scenario. That asset backing was, in my personal read at the time, a plausible factor behind the stock’s active price movement despite weak earnings. This was speculation on my part, not a confirmed explanation, and I want to be clear I have no evidence of any actual market manipulation — just my own theory about why a loss-making stock might still see active trading interest.
Given the price volatility, I personally treated this as a candidate for swing trading rather than a long-term buy-and-hold position — that was my own approach and risk tolerance at the time, not a recommendation for anyone else’s strategy.