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All investors should read today's Times of India esp the Your money part.There are very good suggestions about Investment in stocks.One of the recommendation is on TTML as follow.
Tata Teleservice :

Economies of scale and cost savings resulted in EBITDA growing at a compounded quarterly growth rate of 15% over the past four quarters, while substantially reducing losses to Rs 280mn in Q1FY08. The management has hinted at plans to reduce losses further. We believe the company is set to turn around from the fourth quarter of FY08 and start posting profits. At the current market price of Rs 32, the stock trades at EV/E of 22x annualised for last four trailing quarters.
Closing price on Friday, September 14, 2007: Rs 33.05
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