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Tata Communications rises on expanding cloud portfolio

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

02 Dec 2011 Evaluate

Tata Communications is currently trading at Rs 194.20, up by 0.70 points or 0.36% from its previous closing of Rs 193.50 on the BSE.

The scrip opened at Rs 193.75 and has touched a high and low of Rs 195.75 and Rs 190.90 respectively. So far 4647 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 278.45 on 02-Dec-2010 and a 52 week low of Rs 176.30 on 24-Nov-2011.

Last one week high and low of the scrip stood at Rs 200.80 and Rs 187.00 respectively. The current market cap of the company is Rs 5514.75 crore.

The promoters holding in the company stood at 76.15% while Institutions and Non-Institutions held 13.37% and 3.87% respectively.

Tata Communications has expanded its product boutique with another addition to its InstaApps Software-as-a-Service (SaaS) portfolio in the form of Human Capital Management (HCM) - InstaHCM. InstaHCM will launch in partnership with SuccessFactors, the global leader in cloud-based business execution software. Tata Communications' InstaHCM cloud service launch will mark the first telecommunications company in India to offer SaaS-based Human Capital Management application. InstaHCM cloud service will be available in India from December 08, 2011.

Together, Tata Communications and SuccessFactors will bring India-based enterprise customers a secure and scalable set of business execution software to help align their workforces, execute business strategies, identify high and low performers and increase business productivity, all in the cloud.

The pay-per-use InstaHCM service enables businesses to quickly and easily tap into scalable, global IT infrastructure via the Internet, without the usual cost and complexities associated with IT provisioning, helping to control operational expenses.

Tata Communications' InstaHCM cloud service suite combines the best of both worlds - its robust global cloud platform and rich understanding of the unique needs of India's enterprise market, together with the strength and reliability of Success Factors' Business Execution Suite.

Success Factors is one of the leading vendors spearheading global cloud-computing with approximately 15 million subscription seats and more than 3,500 customers.

Tata Communications Share Price

1521.05 -41.30 (-2.64%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bharti Airtel	1846.55
Vodafone Idea	9.62
Indus Towers	412.35
Tata Communications	1521.05
Bharti Hexacom Ltd.	1538.30
View more..

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Tata Communications rises on expanding cloud portfolio

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