Tata Teleservices (Maharashtra), which zoomed a solid 2,496 per cent in 2021, is down 40 per cent this year. Recently, the stock was in the news when the telecom operator announced that it will be issuing shares to the government of India in lieu of interest on the deferred spectrum and AGR dues. The company has been reporting losses for the last 13 consecutive quarters and in the last 40 quarters, it has reported profit only once.
