From mint · Sharmila Bhadoria · · 50s
Tata Group Stock Rises 13% on Dhanteras
Tata Teleservices shares surge 13% on Dhanteras with high trading volumes.
In brief
Tata Teleservices shares surge 13% on Dhanteras with high trading volumes. Tata Teleservices (Maharashtra) shares rose 13% on Friday amid strong market sentiment and trading volumes over 2.79 times higher. Originally reported by mint.
Tata Teleservices Shares Surge
Tata Teleservices (Maharashtra) shares rose nearly 13% on Friday amid positive market sentiment and trading volumes more than 2.79 times higher.
Key Resistance Zone
Analysts identified ₹ 40, 42 as a key resistance zone for the stock.
Technical Analyst Insight
Virat Jagad, Sr. Technical Research Analyst at Bonanza, noted the stock has moved above its 20 and 50 EMAs with RSI above 60.
Price Performance
The stock traded at ₹ 39.89 with a market capitalisation of ₹ 7,800.16 crore, showing a 16.12% weekly return.
The essence
Tata Teleservices (Maharashtra) shares rose 13% on Friday amid strong market sentiment and trading volumes over 2.79 times higher.
