Wednesday , November 13 2019
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Tata Communications rises on teaming up with RAH Infotech for cloud offerings

Tata Communications is currently trading at Rs. 361.00, up by 0.25 points or 0.07% from its previous closing of Rs. 360.75 on the BSE.

The scrip opened at Rs. 361.55 and has touched a high and low of Rs. 365.80 and Rs. 359.40 respectively. So far 15755 shares were traded on the counter.

The BSE group ‘B’ 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-Sep-2019.

Last one week high and low of the scrip stood at Rs. 371.55 and Rs. 338.00 respectively. The current market cap of the company is Rs. 10248.60 crore.

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

Tata Communications and RAH Infotech have joined forces to address businesses’ cloud requirements. As per the association, RAH Infotech will act as a value added distributor of Tata Communications’ entire gamut of cloud solutions and will cater to the needs of customers in India including enterprises, government and SMEs.

RAH Infotech is a specialty value added distributor of mission critical technology solutions including network and cyber security, disaster recovery and cloud.

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