Tata Communications is currently trading at Rs. 931.50, up by 9.85 points or 1.07% from its previous closing of Rs. 921.65 on the BSE.

The scrip opened at Rs. 923.50 and has touched a high and low of Rs. 940.00 and Rs. 922.55 respectively. So far 11531 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 989.00 on 27-Oct-2020 and a 52 week low of Rs. 205.70 on 19-Mar-2020.

Last one week high and low of the scrip stood at Rs. 989.00 and Rs. 901.00 respectively. The current market cap of the company is Rs. 26529.23 crore.

The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 19.04% and 5.98% respectively.

Tata Communications and Micron Technology, Inc. have joined forces to create a worldwide cellular-enabled connectivity solution that will simplify and accelerate largescale global deployment of internet of things (IoT) devices. This solution will be powered by a new virtual SIM, the world's first cloud-based embedded subscriber identity module (eSIM), which offers a flexible, scalable alternative to conventional physical SIM cards. The cloud-based eSIM will be enabled by Micron's Authenta Key Management Service (KMS), the industry's first silicon-based security-as-a-service platform for edge devices.

With this technology, the Tata Communications MOVE Global IoT Solution will offer a pervasive, end-to-end solution for zero-touch onboarding of connected IoT devices to cloud services across 200 countries and territories - backed by the company's relationships with more than 600 mobile network operators worldwide. The solution will unleash innovation in the expanding IoT services ecosystem, which is predicted to nearly triple in revenue by 2026 to $466 billion (ABI Research, IoT Market Tracker - Worldwide, 2Q 2020).

Tata Communications along with its subsidiaries is a leading global provider of A New World of Communications.

Tata Communications Share Price

1777.45 14.70 (0.83%)
31-May-2024 16:01 View Price Chart
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