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Tata Communications share slips 3% post Q4 earnings Consolidated revenue stood at Rs 4,073 crore, down 7.4 per cent year-on-year (YoY). The company informed that the decline is largely due to degrowth in Voice business and Data business BusinessToday.In | April 29, 2021 | Updated 12:34 IST Shares of Tata Communications declined nearly 3 per cent in early trade after the company reported March Quarter earnings. At 11:17 hours, Tata Communications was quoting at Rs 1122.30, down 2.34 percent on the BSE. On a year-to-date (YTD) basis, the stock is down around 2 per cent. The stock has given 26 per cent returns over the last six months and risen 177.45 per cent over the last 12 months. The Tata Group firm posted a consolidated net profit of about Rs 299 crore for the quarter ended March 2021 against a loss of Rs 275 crore in the same quarter a year ago. ....
This stock held by Rakesh Jhunjhunwala more than doubled in a year, did you miss the rally? An amount of Rs 1 lakh invested in the large cap stock on February 20 would have turned into Rs 2.56 lakh today Aseem Thapliyal | February 22, 2021 | Updated 18:47 IST Rakesh Jhunjhunwala, often referred to as Big bull of Dalal Street, bought shares of the firm in the December quarter of FY21. Jhunjhunwala s wife Rekha Jhunjhunwala held 32,00,687 shares or a 1.12% stake in Tata Communications at the end of Q3, according to BSE data. Ace investor Rakesh Jhunjhunwala-owned Tata Communications share has more than doubled in the last one year. The stock, which closed at Rs 393.15 on February 20 last year, ended at Rs 1,010 in trade today, clocking 156% returns during the period. An amount of Rs 1 lakh invested in the large cap stock on February 20 would have turned into Rs 2.56 lakh today. In comparison, Sensex has gained 20.83% and Nifty has risen 21.48% in a year. ....
Why Tata Communications share fell 8% despite five-fold rise in Q3 profit Tata Communications stock touched an intraday low of Rs 1,040, falling 7.96% against previous close of Rs 1,129.95 on BSE BusinessToday.In | January 20, 2021 | Updated 11:12 IST Tata Communications share opened with a loss of 4.69% today at Rs 1076.95 on BSE. Tata Communications share fell nearly 8% in early trade today despite the Tata Group firm reporting a five- fold rise in Q3 profit. The slide in the stock can be attributed to reports that government will sell its entire 26.12% stake in Tata Communications through an offer for sale and strategic sale route in the current fiscal. ....
Tata Communications stock hits all-time high after firm buys majority stake in French firm Oasis Smart SIM Tata Communications share gained 9.3% to Rs 1,144.95, a fresh all-time high, against previous close of Rs 1048.35 on BSE BusinessToday.In | December 24, 2020 | Updated 12:38 IST Tata Communications share has risen 13.26% in last three days. The stock opened with a gain of 2.54% at Rs 1,090 today Share of Tata Communications rose over 9% in early trade today after the firm acquired majority stake in French firm Oasis Smart SIM. Tata Communications share gained 9.3% to Rs 1,144.95, a fresh all-time high, against previous close of Rs 1048.35 on BSE. Market cap of the firm rose to Rs 30,933 crore. ....