Tata Communications soars on registering 21% surge on Q1 net profit

10 Aug 2011 Evaluate

Tata Communications is currently trading at Rs. 202.90, up by 2.90 points or 1.45% from its previous closing of Rs. 200.00 on the BSE.

The scrip opened at Rs. 202.00 and has touched a high and low of Rs. 204.90 and Rs. 200.00 respectively. So far 19639 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 354.30 on 02-Sep-2010 and a 52 week low of Rs. 182.15 on 23-Jun-2011.

Last one week high and low of the scrip stood at Rs. 221.25 and Rs. 193.75 respectively. The current market cap of the company is Rs. 5700.00 crore.

The promoters holding in the company stood at 76.15% while Institutions and Non-Institutions held 13.22% and 3.72% respectively. 

Tata Communications has reported unaudited results for the first quarter ended June 30, 2011.

The company’s net profit for the quarter ended June 30, 2011 rose by 20.59% at Rs 47.79 crore as compared to Rs 39.63 crore for the corresponding quarter last year. Its total income increased 7.63% at Rs 937.66 crore for the quarter under review from Rs 871.20 crore for the same quarter last year.

On consolidated basis, the Group has posted a net loss of Rs 218.23 crore as compared to a net loss of Rs 281.39 crore for the quarter ended June 30, 2010. Its total Income has increased by 13.58% at Rs 3294.33 crore for the quarter under review as compared to Rs 2900.44 crore for the similar quarter of the previous year.

Tata Communications Share Price

2011.25 39.80 (2.02%)
28-Mar-2024 16:01 View Price Chart
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