Tata Communications gains on wining multi-million dollar contract from Air France-KLM

Tata Communications Ltd. | Telecommunication - Service Provider | Telecom | BSE: 500483 | NSE: TATACOMM

05 Apr 2016 Evaluate

Tata Communications is currently trading at Rs. 387.80, up by 0.60 points or 0.15% from its previous closing of Rs. 387.20 on the BSE.

The scrip opened at Rs. 387.20 and has touched a high and low of Rs. 390.75 and Rs. 378.55 respectively. So far 34740 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 504.90 on 15-Apr-2015 and a 52 week low of Rs. 325.70 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 389.25 and Rs. 361.90 respectively. The current market cap of the company is Rs. 10831.43 crore.

The promoters holding in the company stood at 74.99% while Institutions and Non-Institutions held 20.63% and 4.38% respectively.

Tata Communications has won a multi-million dollar contract from Air France-KLM, Europe’s second largest airline, to provide next-generation network connectivity to 170 sites. The network will form the backbone for the company as it embraces the latest mobile, cloud, big data analytics and wearable technologies to enhance and personalize passenger experience. This investment underpins the airline’s growth strategy, driven by organisation-wide digital transformation, delivery of next-generation aircraft, and expansion in emerging markets.

The multi-year contract will see Tata Communications roll out a superfast intelligent network which will power Air France-KLM’s mission-critical systems, including passenger check-in, flight operations and departure control applications, as well as corporate programs in the Middle East, Africa and Asia Pacific.

Tata Communications is a leading global provider of a new world of communications. With a leadership position in emerging markets, Tata Communications leverages its advanced solutions capabilities and domain expertise across its global and pan-India network to deliver managed solutions to multi-national enterprises, service providers and Indian consumers.

Tata Communications Share Price

1590.80 -3.10 (-0.19%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bharti Airtel	1834.90
Vodafone Idea	11.25
Indus Towers	404.85
Tata Communications	1590.80
Bharti Hexacom Ltd.	1498.20
View more..

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