Tata Communications zooms on expanding global strategic partnership with Cisco Systems
Tata Communications is currently trading at Rs. 1511.00, up by 59.85 points or 4.12% from its previous closing of Rs. 1451.15 on the BSE.
The scrip opened at Rs. 1451.00 and has touched a high and low of Rs. 1517.95 and Rs. 1431.25 respectively. So far 14463 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1527.90 on 04-Aug-2021 and a 52 week low of Rs. 829.00 on 07-Oct-2020.
Last one week high and low of the scrip stood at Rs. 1517.95 and Rs. 1378.05 respectively. The current market cap of the company is Rs. 40890.38 crore.
The promoters holding in the company stood at 58.86%, while Institutions and Non-Institutions held 31.39% and 9.75% respectively.
Tata Communications and Cisco Systems have unveiled the expansion of their two-decades-long strategic global partnership. This new agreement is between Tata Communications and Cisco Meraki to empower enterprises with simple and easy to deploy, manage, and analyse IT infrastructure for delivering anywhere, anytime access.
Cisco Meraki is onboarded within the Tata Communications ecosystem to offer a world-class suite of next-generation cloud-managed Wi-Fi services based on the latest Wi-Fi 6 technology and SD-WAN (Software-Defined Wide Area Network) services across various industries. The combined expertise ensures smoother lifecycle management and superior user experience to the enterprises' stakeholders with greater security, efficiency, and agility.
Tata Communications along with its subsidiaries is a leading global provider of A New World of Communications.