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The demands have been challenged by Tata Communications and the TDSAT has directed the DoT to refrain from action until the next hearing.
Tata Communications shares hit a record high of Rs 1838.65 against the previous close of Rs 1820 on BSE.
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Tata Communications climbed 4.6 percent to Rs 1,782 and formed strong bullish candlestick pattern on the daily timeframe with above average volumes. The stock sustained above all short-to-long term averages.
The company further said it has already included the amount in dispute as part of the notes to accounts in the quarterly financial results for the June 2023 quarter