TATA COMMUNICATIONS LTD.
NSE : TATACOMMBSE : 500483ISIN
CODE : INE151A01013Industry : Telecommunication - Service ProviderHouse
: Tata
BSE1751.108.05 (+0.46 % )
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VOLUME 2117
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NSE1751.40 8.2 (+0.47 % )
PREV CLOSE(Rs.) 1743.20
OPEN PRICE (Rs.) 1747.95
BID PRICE (QTY) 1751.55 (189 )
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VOLUME 134348
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Company News
| Date | Heading | Details |
|---|---|---|
| 07-May-2024 | Tata Communications unveils fully-automated edge computing platform ‘CloudLyte' | <p style="text-align: justify;">Tata Communications has unveiled Tata Communications CloudLyte, a fully-automated edge computing platform, designed to empower future-ready enterprises to thrive in a data-driven world. As businesses become hyperconnected and emerging technologies like 5G and IoT gain ever greater traction, the need for real-time data processing, low latency applications and intelligent decision-making is vital. Tata Communications CloudLyte is at the forefront of edge computing and adeptly caters to the needs of global enterprises through its multi access, cloud, and infrastructure agnostic architecture. </p><p style="text-align: justify;">Through its unique ‘solution in a box' approach, Tata Communications CloudLyte provides enterprises with the platform, infrastructure, network, managed services, and the use case – as a comprehensive unified offering. ‘Solution in a box' enables enterprises with swift deployment (within minutes), and effortless scaling as required, thus futureproofing investments.</p><p style="text-align: justify;">With real time inferencing and auto scaling, the platform seamlessly extends cloud capabilities to the edge, bringing in the agility and flexibility of the cloud. Tata Communications CloudLyte also manages edge resources centrally for a seamless experience and has built-in security with features like zero-trust architecture and layered defences - simplifying enterprise operations, maximizing efficiency, and driving business growth.</p><p style="text-align: justify;">Tata Communications along with its subsidiaries is a leading global provider of A New World of Communications.</p><div style="text-align: justify;"><br></div> |
| 07-May-2024 | Tata Communications informs about press release | <p style="text-align: justify;">Tata Communications has informed that it enclosed the press release titled ‘Tata Communications CloudLyte Opens New Vistas to Edge Computing'.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div> |
| 02-May-2024 | Tata Communications informs about press release | <div style="text-align: justify;">Tata Communications has informed that it enclosed the press release titled ‘Tata Communications Raises Environmental Bar by Adopting Sustainability-Linked Loan Framework'.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 26-Apr-2024 | InterGlobe Aviation, PG Electroplast and ACC to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">InterGlobe Aviation</span> (IndiGo) has strengthened its fleet with the introduction of wide-body aircraft to its fleet. Since inception in 2006, IndiGo has been successfully building its position and is now defining its future further on the path of becoming a global aviation player. IndiGo agreed to place an order for 30 Firm A350-900 aircraft, which will enable IndiGo to spread its wings further and expand its network. From the various Indian metros, IndiGo will be able to connect to the world. The aircraft will be powered by Rolls Royce's Trent XWB engine. The mission capability of this aircraft coupled with the efficiency of the Trent XWB engine will offer IndiGo unprecedented optionality as it embarks on the next stage of its wonderful journey of addressing the rapidly evolving needs of the Indian customer and the nation. </p><p style="text-align: justify;"><span style="text-align: left;">PG Technoplast, a wholly-owned subsidiary of <b>PG Electroplast </b>(PGEL), has marked a significant milestone with the unveiling of its new marquee air conditioning manufacturing facility for North India in Bhiwadi, Rajasthan. This strategic investment aims to meet the growing demand for energy-efficient and sustainable cooling solutions in India and expand the company's footprint in the rapidly growing air conditioning market. </span></p><p style="text-align: justify;"><span style="font-weight: bold;">ACC </span>has reported over 4-fold jump in its net profit at Rs 944.84 crore for fourth quarter ended March 31, 2024 as compared to Rs 235.66 crore for the same quarter in the previous year. Total income of the company increased by 12.59% at Rs 5,528.45 crore for Q4FY24 as compared Rs 4,910.06 crore for the corresponding quarter previous year. </p><p style="text-align: justify;"><span style="font-weight: bold;">Tata Communications</span> has issued and allotted Commercial Paper aggregating to an amount of Rs 350 crore on April 24, 2024. The said Commercial Paper has been listed on National Stock Exchange of India on April 25, 2024. </p><div style="text-align: justify;"><p><span style="font-weight: bold;">L&T Technology Services</span> has reported results for fourth quarter (Q4) ended March 31, 2024. The company has reported 2.05% rise in its net profit at Rs 329.30 crore for the quarter under review as compared to Rs 322.70 crore for the same quarter in the previous year. Total income of the company increased by 9.03% at Rs 2,400.80 crore for Q4FY24 as compared Rs 2,201.90 crore for the corresponding quarter previous year. On consolidated basis, the company's Year-on-Year net profit remained flat at Rs 341 crore for the quarter ended 31 March, 2024. Total income of the company increased by 7.13% at Rs 2,593.50 crore for Q4FY24 as compared Rs 2,421 crore for the corresponding quarter previous year.</p><p><span style="font-weight: bold;">UFlex </span>has entered into a long-term Power Purchase Agreement (PPA) with Amplus Phoenix to source renewable power under a group captive power policy. The plant will provide solar power to UFlex's Packaging Films manufacturing plant in Dharwad, Karnataka. In line with UFlex's goal of being net zero by 2035, or earlier, this move will strategically reduce UFlex's carbon emissions by app. 19000 tCO2e.</p><p><span style="font-weight: bold;">NTC Industries</span> has completed sale of its land situated at Mouza Agarpara, having an area 0.49 acre, P.S. Khardah, within the Panihati Municipality Jurisdiction, District North 24 Parganas, Kolkata, West Bengal, India to Primarc Infrastructure LLP (formerly known as Nakesa Projects LLP). The sale is completed on April 25, 2024.</p></div> |
| 24-Apr-2024 | Tata Communications informs about certificate | <div style="text-align: justify;">In accordance with Regulations 40 (9) and 40 (10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Tata Communications has informed that it attached the Certificate issued by Practising Company Secretary for the year ended on March 31, 2024.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 18-Apr-2024 | Tata Communications reports marginal fall in Q4 consolidated net profit | <p style="text-align: justify;">Tata Communications has reported results for fourth quarter (Q4) and year ended March 31, 2024.</p><p style="text-align: justify;">Tata Communications has reported net profit at Rs 173.93 crore for the quarter under review as compared to net loss of Rs 137.78 crore for the same quarter in the previous year. Total income of the company increased by 5.73% at Rs 2,107.99 crore for Q4FY24 as compared Rs 1,993.80 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">On consolidated basis, the company has reported fall of 1.57% in its net profit at Rs 321.52 crore for fourth quarter ended March 31, 2024 as compared to Rs 326.64 crore for the same quarter in the previous year. However, total income of the company increased by 24.15% at Rs 5,748.70 crore for Q4FY24 as compared Rs 4,630.45 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">For the year ended March 31, 2024, the company has reported 4.13% fall in its net profit at Rs 638.63 crore as compared to Rs 666.15 crore for the previous year. However, total income of the company increased by 8.82% at Rs 8,415.76 crore for year under review as compared to Rs 7,733.30 crore for year ended March 31, 2023.</p><p style="text-align: justify;">For the year ended March 31, 2024, on the consolidated basis, the company has reported 46.16% fall in its net profit at Rs 969.58 crore as compared to Rs 1800.87 crore for the previous year. However, total income of the company increased by 16.75% at Rs 21,251.29 crore for year under review as compared to Rs 18,201.41 crore for year ended March 31, 2023.</p> |
| 18-Apr-2024 | Tata Communications declines on reporting marginal fall in Q4 consolidated net profit | <p style="text-align: justify;">Tata Communications is currently trading at Rs. 1878.55, down by 5.50 points or 0.29% from its previous closing of Rs. 1884.05 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1846.90 and has touched a high and low of Rs. 1923.05 and Rs. 1846.90 respectively. So far 38254 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2085.00 on 03-Apr-2024 and a 52 week low of Rs. 1175.00 on 20-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 2023.90 and Rs. 1846.90 respectively. The current market cap of the company is Rs. 53580.00 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 58.86%, while Institutions and Non-Institutions held 31.37% and 9.77% respectively.</p><p style="text-align: justify;">Tata Communications has reported results for fourth quarter (Q4) and year ended March 31, 2024.</p><p style="text-align: justify;">Tata Communications has reported net profit at Rs 173.93 crore for the quarter under review as compared to net loss of Rs 137.78 crore for the same quarter in the previous year. Total income of the company increased by 5.73% at Rs 2,107.99 crore for Q4FY24 as compared Rs 1,993.80 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">On consolidated basis, the company has reported fall of 1.57% in its net profit at Rs 321.52 crore for fourth quarter ended March 31, 2024 as compared to Rs 326.64 crore for the same quarter in the previous year. However, total income of the company increased by 24.15% at Rs 5,748.70 crore for Q4FY24 as compared Rs 4,630.45 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">For the year ended March 31, 2024, the company has reported 4.13% fall in its net profit at Rs 638.63 crore as compared to Rs 666.15 crore for the previous year. However, total income of the company increased by 8.82% at Rs 8,415.76 crore for year under review as compared to Rs 7,733.30 crore for year ended March 31, 2023.</p><p style="text-align: justify;">For the year ended March 31, 2024, on the consolidated basis, the company has reported 46.16% fall in its net profit at Rs 969.58 crore as compared to Rs 1800.87 crore for the previous year. However, total income of the company increased by 16.75% at Rs 21,251.29 crore for year under review as compared to Rs 18,201.41 crore for year ended March 31, 2023.</p> |
| 18-Apr-2024 | Grant Of Stock Options Under 'Tata Communications Limited - Stock Unit Plan 2023'. | Grant of stock options under ''Tata Communications Limited - Stock Unit Plan 2023'' |
| 22-Mar-2024 | Tata Communications gets nod to hive-off identified business undertaking to Novamesh | <p style="text-align: justify;">Tata Communications has received approval for the proposal to enter into a business transfer agreement (‘Agreement') for the hive-off of the Company's identified new edged digital services business (‘identified business undertaking') to its wholly owned subsidiary, Novamesh as a going concern on ‘slump sale' basis.</p><p style="text-align: justify;">The transfer of the identified business undertaking to Novamesh is subject to the satisfaction of conditions precedent as stipulated in the Agreement and receipt of such permissions and consents, as may be required. The Board of Directors of the company at its meeting held on March 21, 2024 approved the same. </p><p style="text-align: justify;">Tata Communications along with its subsidiaries is a leading global provider of A New World of Communications.</p> |
| 22-Mar-2024 | Tata Communications rises on getting nod to hive-off identified business undertaking to Novamesh | <p style="text-align: justify;">Tata Communications is currently trading at Rs. 1912.10, up by 3.70 points or 0.19% from its previous closing of Rs. 1908.40 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1925.90 and has touched a high and low of Rs. 1927.90 and Rs. 1901.25 respectively. So far 3396 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2036.95 on 07-Mar-2024 and a 52 week low of Rs. 1175.00 on 20-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1972.00 and Rs. 1853.00 respectively. The current market cap of the company is Rs. 54476.33 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 58.86%, while Institutions and Non-Institutions held 31.32% and 9.81% respectively.</p><p style="text-align: justify;">Tata Communications has received approval for the proposal to enter into a business transfer agreement (‘Agreement') for the hive-off of the Company's identified new edged digital services business (‘identified business undertaking') to its wholly owned subsidiary, Novamesh as a going concern on ‘slump sale' basis.</p><p style="text-align: justify;">The transfer of the identified business undertaking to Novamesh is subject to the satisfaction of conditions precedent as stipulated in the Agreement and receipt of such permissions and consents, as may be required. The Board of Directors of the company at its meeting held on March 21, 2024 approved the same. </p><p style="text-align: justify;">Tata Communications along with its subsidiaries is a leading global provider of A New World of Communications.</p> |
