Tata Communications, categorized as a Midcap stock on the NSE, closed at ₹1,405.45 today, reflecting a notable decline amid ongoing market fluctuations. The stock opened at ₹1,453 but faced selling pressure throughout the session, eventually hitting an intraday low of ₹1,401.20 before settling slightly higher. With a negative return of 2.13% in today’s trade, the stock has continued its downward trend, losing 10.63% over the past month and a significant 28% over the last six months. This persistent decline suggests investor concerns, which could be driven by sector-specific challenges, global economic conditions, or company-related developments such as earnings reports, competition, or strategic shifts. Given Tata Communications’ role in the digital infrastructure and telecom services space, any updates related to enterprise demand, technological advancements, or regulatory changes could influence future stock movements. Market participants will closely monitor upcoming announcements, institutional activity, and broader market trends to gauge the stock’s potential recovery or further downside risks.
About Tata Communications
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.
