Tata Communications is currently trading at Rs. 1791.35, up by 12.20 points or 0.69% from its previous closing of Rs. 1779.15 on the BSE.
The scrip opened at Rs. 1791.95 and has touched a high and low of Rs. 1840.90 and Rs. 1775.00 respectively. So far 21706 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2175.00 on 03-Oct-2024 and a 52 week low of Rs. 1543.10 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 1905.00 and Rs. 1772.50 respectively. The current market cap of the company is Rs. 51069.15 crore.
The promoters holding in the company stood at 58.86%, while Institutions and Non-Institutions held 31.52% and 9.62% respectively.
Tata Communications has made transformative upgrade to its AI cloud infrastructure in India, powered by NVIDIA Hopper GPUs. The strategic collaboration marks a significant milestone in the country’s AI journey, positioning Tata Communications as a key player in enabling AI applications across a wide spectrum of industries - including manufacturing, healthcare, retail, and banking and financial services - and equipping them with the computing power needed to handle complex AI workloads.
As part of the initiative, the company will integrate cutting-edge NVIDIA software solutions such as NVIDIA NIM microservices, and the NVIDIA Omniverse and NVIDIA Isaac platforms, into its AI Cloud offerings. These technologies will provide businesses with an extensive suite of tools and services designed for AI-driven simulation, automation and more.
At the end of this year, the company will begin the first phase of its large-scale deployment of Hopper GPUs, establishing itself as one of the largest NVIDIA Hopper GPU cloud-based supercomputers in India. The second phase, planned for 2025, will further expand the infrastructure with Blackwell GPUs.
Tata Communications along with its subsidiaries is a leading global provider of A New World of Communications.
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