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Tata Communications soars on extending emerging markets reach to Brazil

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

14 Nov 2017 Evaluate

Tata Communications is currently trading at Rs. 707.35, up by 13.45 points or 1.94% from its previous closing of Rs. 693.90 on the BSE.

The scrip opened at Rs. 693.90 and has touched a high and low of Rs. 709.90 and Rs. 692.60 respectively. So far 20258 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 784.00 on 17-Mar-2017 and a 52 week low of Rs. 570.45 on 10-Aug-2017.

Last one week high and low of the scrip stood at Rs. 712.00 and Rs. 666.30 respectively. The current market cap of the company is Rs. 20178.00 crore.

The promoters holding in the company stood at 74.99%, while institutions and non-institutions held 18.77% and 6.23% respectively.

Tata Communications has expanded to Brazil, connecting Latin America’s largest economy with international financial capitals such as New York, London, Mumbai and Singapore. By linking the new Seabras-1 cable system with Tata Communications’ global network, the company will harness its emerging markets expertise and digital transformation enablement capabilities to support the economic growth of Brazil and the rest of Latin America. Through its investment in the purchase of significant capacity on Seabras-1 and connecting it with Tata Communications' global network, the company is able to address the growing digital demands of Brazilian enterprises and carriers.

In addition, Tata Communications’ complete range of connectivity, cloud, security, mobility and collaboration services - which are underpinned by its global network – can now be adopted by multinational corporations with operations in Brazil to accelerate their digital transformation worldwide. Tata Communications’ expansion to Latin America is part of its global growth strategy. It builds on the company’s 15 years of experience of enabling multinational enterprises to overcome the technological barriers of operating successfully across both developed markets and high-growth emerging economies.

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

Tata Communications Share Price

1513.50 -1.50 (-0.10%)

21-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bharti Airtel	1854.80
Vodafone Idea	9.56
Indus Towers	414.90
Tata Communications	1513.50
Bharti Hexacom Ltd.	1556.40
View more..

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Tata Communications soars on extending emerging markets reach to Brazil

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