Tata Communications is currently trading at Rs. 193.00, up by 2.50 points or 1.31% from its previous closing of Rs. 190.50 on the BSE.
The scrip opened at Rs. 190.25 and has touched a high and low of Rs. 194.90 and Rs. 189.10 respectively. So far 45886 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 266.35 on 26-Jul-2012 and a 52 week low of Rs. 181.35 on 13-Jun-2013.
Last one week high and low of the scrip stood at Rs. 195.50 and Rs. 181.35 respectively. The current market cap of the company is Rs. 5454.90 crore.
The promoters holding in the company stood at 76.15%, while Institutions and Non-Institutions held 15.57% and 3.31% respectively.
Tata Communications is reportedly planning to raise Rs 1,000 crore through sale of its assets and in this regard, the company is in talks to sell its Mumbai land. The company may sell the Mumbai land for Rs 400 crore. The company, earlier in April this year, sold a piece of land in Chennai for over Rs 192 crore in line with its objective of monetizing non-core assets. This land parcel and building was earlier being used as a staff housing colony.
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.
Company Name | CMP |
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Bharti Airtel | 1324.40 |
Vodafone Idea | 13.20 |
Indus Towers | 354.80 |
Tata Communications | 1728.00 |
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