Tulip Telecom is currently trading at Rs. 111.30, up by 3.45 points or 3.20% from its previous closing of Rs. 107.85 on the BSE.
The scrip opened at Rs. 109.45 and has touched a high and low of Rs. 113.15 and Rs. 108.50 respectively. So far 876013 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 181.00 on 15-Feb-2011 and a 52 week low of Rs. 99.50 on 30-Dec-2011.
Last one week high and low of the scrip stood at Rs. 123.35 and Rs. 102.70 respectively. The current market cap of the company is Rs. 1613.85 crore.
The promoters holding in the company stood at 69.92% while Institutions and Non-Institutions held 20.19% and 9.90% respectively.
Tulip Telecom, India's leading enterprise data connectivity services provider’s wholly owned subsidiary (WOS) - Tulip Data Centre Services has commissioned its new data centre ‘Tulip Data City’ in Bengaluru and is now operational. Spread across an area of 9 lakh square feet, this facility is India's largest and world's third largest eco-friendly data centre. This is in line with the company's plan to continuously tap emerging opportunities and strengthen its position as a leading player in the Enterprise Data Services segment.
Tulip Data City (TDC) comprises common areas including data centre space, customer experience centre and other facilities. It is a carrier neutral facility and will serve the hosting, co-location, storage and connectivity needs of large enterprises and small & medium businesses in the region, while also serving as a disaster recovery facility for enterprises that are present in other key business centers across India or nearby countries.
TDC has already received several confirmed orders totaling about Rs 600 crore spread over a 5 year period from reputed global organizations for 30,000 square feet of Data Center space. At peak utilization levels that is expected to be achieved by FY15, this facility will have the potential to deliver revenues in excess of Rs 1,000 crore with an EBITA margin of over 45%.
Tulip Telecom is a data telecom service and IT solutions provider. The company offers an innovative IP based infrastructural solutions to its customers.
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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