Tulip Telecom is currently trading at Rs. 97.65, up by 1.60 points or 1.67% from its previous closing of Rs. 96.05 on the BSE.
The scrip opened at Rs. 97.25 and has touched a high and low of Rs. 98.90 and Rs. 97.00 respectively. So far 23152 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 167.00 on 13-May-2011 and a 52 week low of Rs. 92.15 on 23-Feb-2012.
Last one week high and low of the scrip stood at Rs. 102.25 and Rs. 95.00 respectively. The current market cap of the company is Rs. 1417.38 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 (Tulip) will work in collaboration with Polycom Incorporation, the global leader in standards-based unified communications (UC) solutions, in India, to offer a High Definition Managed Video Conferencing solution to Indian businesses on a hosted model. The solution is a pure cloud-based service and is targeted primarily at the large and medium enterprises offering complete scalability and interoperability.
Tulip will offer video conferencing and telepresence services to its customers on a hosted model, where businesses can leverage high-end, telco-grade infrastructure hosted by Tulip in its data centres. The users can use the technology with minimal upfront cost on a ‘pay-as-you-use’ model, making it an extremely scalable service.
The company is continuously working towards enhancing the use of unified communications in India, including cloud-based services, and to support the industry-based Open Visual Communications Consortium (OVCC), which consists of a group of global video exchange providers, network providers and equipment manufacturers that have united to expand video communications and simplify video calls.
Tulip Telecom is a data telecom service and IT solutions provider. The company offers an innovative IP based infrastructural solutions to its customers. Tulip designs, implements and manages communication networks of large enterprises on long term contracts to include enterprise communications connectivity, network integration, managed and value added services.
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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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