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Tata Communications Limited : The trend should regain control

6.62% Shares in Tata Communications Limited show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good. Investors have an opportunity to buy the stock and target the INR 1129.05. Summary The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria. The company has solid fundamentals for a short-term investment strategy. Strengths For the past twelve months, EPS forecast has been revised upwards. For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

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