whats the impact on the stock price and does this benefit the company?...

This company is almost debt free and have grown consistently.
The results are encouraging and the company did expand 2 yrs back but due to high product demand, they not able to meet the demand.

So comp is expanding this time with double capacity of their existing capacity which is great.

So this stock is falling due to low trading but once this expansion is over and profits pour in, I think it will give handsome returns.

Need to have patience and don`t track it on daily basis.

I have it from longer time and still invested. Companies are losing business due to bad economy whereas this comp is growing and in telecom sector which is booming....

The company is planning green field project near banglore. Their product has huge demand in Middle east and India.

They cater to telecom racks and due to demand growth they not able to cater from Mumbai/Bglore plant and need to come up with another plant to meet the demands.

Company also looking for strategic partner for further expansion of products.

Excellent company. Last time also they gave reasonable rights offoer at Rs40 when market price was 130-160.

So invest and take opportunity to increase holdings. Div payout increased this year too.
...

DoCoMo will also make an open offer to acquire at least 20 percent of the outstanding equity shares of Tata Teleservices Maharashtra, part of the $62-billion Tata group, India`s largest industrial house.

The open offer will be made along with Tata Sons, the holding arm of the Indian company, as per guidelines issued by the market watchdog, Securities and Exchange Board of India (Sebi), the two companies said in a statement. ...

Plethico is an excellent buy. Don`t look at short term fall. Have a bigger picture and then invest.

They are coming up with factory in UAE, not stake and they bought company is USA.

Lot of things happening...

Tata Teleservices (Maharastra) in spotlight

Tata Teleservices (Maharastra) spurted 6.64% to Rs 17.81 at 10:21 IST on BSE on reports a Japanese telecom major may buy stake in the parent firm.


Meanwhile, the BSE Sensex was down 155.31 points, or 1.58%, to 9685.30.

On BSE, 29 lakh shares were traded in the counter. The scrip had an average daily volume of 24.15 lakh shares in the past one quarter.

The stock hit a high of Rs 18.60 and a low of Rs 17.15 so far during the day. The stock had a 52-week high of Rs 65 on 4 January 2008 and a 52-week low of Rs 12.50 on 27 October 2008.

The stock had outperformed the market over the past one month till 11 November 2008, rising 1.03% as compared to the Sensex`s 6.54% decline. It had, however, underperformed the market in the past one quarter, falling 42.84% as compared to the Sensex`s fall of 36.53%.

The mid-cap Maharastra-focused CDMA based telecom service provider has an equity capital of Rs 1897.19 crore. Face value per share is Rs 10.

NTT DoCoMo Inc, Japan`s biggest mobile phone carrier, is reportedly set to announce a plan to buy a stake in Tata Teleservices today (12 November 2008). Earlier, media reports in September 2008 had suggested that DoCoMo was in talks to take 25% of Tata Teleservices, part of the Tata Group conglomerate and parent of Tata Teleservices (Maharashtra) (TTML), for $1.5 billion.

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yes it will be 2010-11 when tower erection will be complete. There may be inorganic growth by acquisitions which might shortened the time....

Dear Friend ,Thanks a lot for sharing very good information. I had picked up this stock in small qty at 71 before w week only. I do have this stock in my folio but had never received any time annual report. Dividend is received all time. ...

Open offer rate for buy back has been announced at Rs.24.70 per share....

Thanks for this info. ...

what you are expecting ttml may go 60/-+++ in near future if stake sale and merger happen what is chance of boom...

What does Pillai hv to say now...Look at the way Suzlon has rallied. In the morning, when most stocks were down, it was up indicating a strong move upwards. I think it is best to do OPPOSITE of what these so called experts say :)...

Yes, it started recovering very fast from its low....

GTL INFRA - FOLLOW THIS SIGNAL..readarticle- "full force" meaning 2011 when their tower errection will be complete? Don....