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Tata Communications jumps on partnering with Conecta

Tata Communications is currently trading at Rs. 286.65, up by 13.65 points or 5.00 % from its previous closing of Rs. 273.00 on the BSE.

The scrip opened at Rs. 286.65 and has touched a high and low of Rs. 286.65 and Rs. 286.65 respectively. So far 16 shares were traded on the counter.

The BSE group ‘T’ stock of face value Rs. 10 has touched a 52 week high of Rs. 400.43 on 02-Apr-2019 and a 52 week low of Rs. 256.88 on 23-Aug-2019.

Last one week high and low of the scrip stood at Rs. 286.65 and Rs. 260.00 respectively. The current market cap of the company is Rs. 8169.53 crore.

The promoters holding in the company stood at 74.99 % while Institutions and Non-Institutions held 19.98 % and 4.77 % respectively.

Conecta Wireless has been selected as a Premier Partner by Tata Communications. Through this new partnership, the two companies will offer enterprises in Spain with best-in-class network transformation and business collaboration services to make it easier for them to expand to new markets and introduce new products and business models.

Tata Communications along with its subsidiaries is a leading global provider of A New World of Communications.

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