Tata Teleservices shares rise 6% in Muhurat Trading after four-session rally
Tata Teleservices shares gained over 6% in the Muhurat special session and rose 23% over four sessions despite a DoT penalty, Moody's reports.
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what happened
According to Moody's, Tata Teleservices (Maharashtra) shares climbed more than 6% during the Muhurat Trading special session on Sunday, 8 November, extending gains to a fourth straight session. Over those four sessions the stock rose more than 23%, even though the company disclosed a Rs 25,000 penalty from the Department of Telecommunications (DoT).
The DoT imposed the penalty on 6 November 2026 over alleged breaches of Unified License Agreement conditions covering subscriber verification and inspections of bulk user premises. The company reported the matter to the exchange under SEBI disclosure rules and said the financial impact is limited to the penalty itself.
For the July–September quarter of FY27, the company posted a net loss of Rs 59 crore, down from Rs 321 crore a year earlier. Revenue from operations rose 8.4% to Rs 310 crore.
why it matters
The penalty is small in financial terms, so the rally mainly reflects the second-quarter results and renewed investor interest. Analysts note the company has negative net worth, which keeps the shares sensitive to sentiment rather than earnings.
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- Tata Teleservices shares jump 6% in Muhurat Trading, extend 4-day rally to 23% | What's driving the surge? — Moody's, 8 November 2026 at 13:02 UTC
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