At 03:30 PM IST on January 1, 2025, Tata Communications Ltd’s share price was trading at ₹1,725.50, reflecting a 1.30% gain from its previous closing price of ₹1,711.75. This uptick comes as a positive shift amidst a recent downward trend observed over the past month, during which the stock declined by 3.72% on the National Stock Exchange (NSE). The monthly dip could be attributed to factors such as market corrections, profit booking, or short-term headwinds in the broader telecom and digital solutions sector. However, the company’s current-day gain indicates renewed investor interest, possibly driven by favorable developments, announcements, or strategic moves aimed at strengthening its position in global digital infrastructure, cloud services, and internet-of-things (IoT) offerings. Tata Communications, known for its pivotal role in enabling digital transformation for businesses worldwide, may also be seeing investor optimism tied to anticipated growth in demand for its cutting-edge solutions in a rapidly digitizing economy.
About Tata Communications Ltd
Tata Communications Limited is an India-based company, which is a global digital ecosystem enabler. It offers digital transformation of enterprises globally. The Company’s Voice Solutions segment includes international and national long distance voice services. Its Data Services segment includes core and connectivity services, digital platforms and connected services. Its Payment Solutions segment includes end-to-end automated teller machine (ATM) deployment, end-to-end point of sale (POS) enablement, hosted core banking, end to end financial inclusion and card issuance and related managed services and switching services to the banking sector. Its Transformation Services segment includes the business of providing telecommunication network management and support services. Its Real Estate segment includes lease rentals for premises given on lease. The Company through its subsidiary, Kaleyra, Inc., offers omnichannel integrated communication services with a set of platforms.
