Synopsis:

Tata Communications is in focus following its poor financial results. It reported a revenue growth of only 6.5 percent reaching Rs 6,100 crore, whereas on the other hand its net profit plunged by over 19 percent reaching Rs 183 crore.

The shares of this flagship Tata group company is in focus after the company posted disappointing financial results. In this article, we will dive more into the details of its financial performance.

With a market capitalization of Rs 55,518 crore, the shares of Tata Communications Ltd are currently trading at Rs 1,941.70 per share, up by 4 percent from its previous day closing price of Rs 1,872.60 per share. Over the past five years, the stock has delivered a return of 123 percent, outperforming the NIFTY 50’s return of 115 percent.

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