Tata Communications is currently trading at Rs 413.05, up by 5.05 points or 1.24% from its previous closing of Rs 408.00 on the BSE.
The scrip opened at Rs. 409.00 and has touched a high and low of Rs. 414.50 and Rs. 406.00 respectively. So far 15656 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 490.30 on 24-Jul-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. 419.00 and Rs. 397.20 respectively. The current market cap of the company is Rs. 11771.93 crore.
The promoters holding in the company stood at 74.99% while Institutions and Non-Institutions held 18.01% and 6.99% respectively.
Smart ICT's board has approved transfer of additional 5% of its equity share capital held by Centios Company to Tata communications. Prior to the transfer, Tata communications was holding 19% of the paid-up equity share capital of the Smart ICT which has now increased to 24% and consequently, Smart ICT has now become an associate of the company.
Smart ICT has been awarded a contract by the Gujarat International Finance Tec-city (GIFT) to design, finance, establish, install, test, commission and operate and maintain the ICT in GIFT city.
Tata Communications is engaged in providing telecommunications, broadcasting, and information supply services. The company operates through voice solutions and data managed services segments.
