New Delhi, Oct. 23 -- Tata Teleservices shares crashed as much as 11% in morning trade on the BSE on Friday, 23 October, a day after the company announced its September quarter (Q2FY27) results. Tata Teleservices (Maharashtra) share price opened at Rs.40.56 against its previous close of Rs.38.25 and crashed 10.6% to hit an intraday low of Rs.34.20.

The stock suffered sharp losses on Friday morning amid a significant jump in volume, nearly 6 times higher.

The company reported its September quarter results during market hours on 22 October. The stock jumped 19% after the result announcement. However, in the next session, the stock suffered significant losses due to profit-booking.

Apart from the Q2 results, the company also announced the...