Tata Teleservices shares slide 6% in 2 days after Q3 results. Here’s why

Shares of Tata Teleservices (Maharashtra) have fallen more than 6% in two sessions after its December-quarter results, as investors looked beyond a sharp narrowing of losses and focused on an 11.5% year-on-year decline in revenue and weak technical indicators that signalled continued near-term pressure on the stock.