Tata Communications’ stock is currently trading 1.19% higher at ₹1,608.40 compared to its previous closing price, reflecting a positive intraday movement. The stock has been fluctuating within a price range of ₹1,626.70 to ₹1,590.50, indicating moderate volatility. While the company has seen a short-term gain of 2.77% in the last five days, its overall performance this year has been negative, with a decline of 6.79%. This suggests that despite recent buying interest, the stock is still recovering from previous losses. Factors such as global market trends, telecom sector dynamics, and the company’s financial performance could be influencing its movement. Investors may be watching closely for further signs of stability or growth, especially as Tata Communications continues to expand its digital infrastructure and enterprise connectivity services.
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.