Tata Communications inches higher on launching Global Meeting Alliance

01 Feb 2012 Evaluate

Tata Communications is currently trading at Rs. 226.30, up by 0.30 points or 0.13% from its previous closing of Rs. 226.00 on the BSE.

The scrip opened at Rs. 226.95 and has touched a high and low of Rs. 232.00 and Rs. 225.15 respectively. So far 3866 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 263.75 on 18-Apr-2011 and a 52 week low of Rs. 176.30 on 24-Nov-2011.

Last one week high and low of the scrip stood at Rs. 237.35 and Rs. 220.70 respectively. The current market cap of the company is Rs. 6458.10 crore.

The promoters holding in the company stood at 76.15% while Institutions and Non-Institutions held 13.58% and 3.63% respectively.

Tata Communications, together with nine global service providers, has launched the Global Meeting Alliance, an open ecosystem of leading telecom providers that have aligned to interconnect their respective business video communities.

The other members include Safaricom in Africa, Telstra in Australia, Etisalat, Qtel and Mobily in the Middle East, Neotel in South Africa and Sprint, Glowpoint and TELUS in North America. The launch represents the largest functioning global collaboration between service providers in business video services.

Tata Communications, a part of the Tata Group, is engaged in transmission, global IP & VPN, converged voice, mobility, managed network connectivity, hosted data center, communications solutions and business transformation services to global and Indian enterprises and service providers as well as broadband and content services to the Indian consumers.

Tata Communications Share Price

1720.45 7.70 (0.45%)
23-Dec-2024 10:27 View Price Chart
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