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Price Movement Clarification

Tamilnadu Telecommunications Price Movement Clarification

Tamilnadu Telecommunications Limited clarified that recent share price movements are likely due to the promoter's decision to sell their stake. The company, a joint venture sick company, stated that the promoter (a government entity) has floated a tender to find a buyer, an activity already in the public domain.

Source

NSE filing, NSE: TNTELE. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Tamilnadu Telecommunications Ltd: key numbers

Share price
₹8.86
Market cap
₹40.47 Cr
Revenue (annual)
₹0.00 Cr
Net profit (annual)
₹-14.89 Cr
P/E (TTM)
-2.7×Sector 57.7×
Promoter holding
63.63%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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