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Tata Communications rings loud on the bourses

24 Sep 2013 Evaluate

Tata Communications is currently trading at Rs. 187.75, up by 3.65 points or 1.98% from its previous closing of Rs. 184.10 on the BSE.

The scrip opened at Rs. 183.30 and has touched a high and low of Rs. 189.50 and Rs. 182.85 respectively. So far 23855 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 257.75 on 04-Jan-2013 and a 52 week low of Rs. 136.90 on 05-Aug-2013.

Last one week high and low of the scrip stood at Rs. 189.50 and Rs. 175.35 respectively. The current market cap of the company is Rs. 5302.43 crore.

The promoters holding in the company stood at 74.99% while Institutions and Non-Institutions held 16.64% and 4.44% respectively.

Tata Communications (Tata Comm) is aiming to achieve top-line of Rs 400 crore from its media content transcoding and delivery service segment in the next five years. The company had unveiled this new service about six months ago under which it converts video content into digital form, stores it in data centre, provides access to authorised person only, on internet with additional softwares to facilitate workflow in media houses.

The company has already partnered with media group Viacom18 where it has started broadcast quality video transcoding and delivery service using cloud.

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

1521.05 -41.30 (-2.64%)
17-Apr-2026 16:59 View Price Chart
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