Tata Communications trades higher on the bourses
Tata Communications is currently trading at Rs. 1187.45, up by 4.05 points or 0.34% from its previous closing of Rs. 1183.40 on the BSE.
The scrip opened at Rs. 1183.00 and has touched a high and low of Rs. 1204.85 and Rs. 1173.75 respectively. So far 17291 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1590.00 on 17-Jan-2022 and a 52 week low of Rs. 1021.60 on 31-Mar-2021.
Last one week high and low of the scrip stood at Rs. 1239.75 and Rs. 1127.00 respectively. The current market cap of the company is Rs. 34177.20 crore.
The promoters holding in the company stood at 58.86%, while Institutions and Non-Institutions held 30.42% and 10.72% respectively.
Tata Communications has been recognised as a ‘Leader’ by Gartner Magic Quadrant, for Network Services, Global, for the ninth year consecutively. The Gartner Magic Quadrant assessed the company on completeness of vision and ability to execute.
During the course of the year, Tata Communications has made enhancements to the network, enabling enterprises become more resilient and secure for future contingencies by providing access to business apps on-premises and in the clouds, anywhere access with security and end-to-end network performance, direct connectivity to nine of the world’s major cloud providers with Tata Communications cloud connectivity service and additional network capacity on a pay-as-you-go model with ‘Bandwidth-on-Demand’ to meet short term needs conveniently through a self-service customer portal.
Tata Communications along with its subsidiaries is a leading global provider of A New World of Communications.