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Monday, 12 June 2017

Tata Communications fell below 4% in the Monday’s trading session. It was down by 4.1% at Rs 735 per share at 1511 hours IST on BSE.

The company has partnered with Alibaba Cloud, the cloud computing arm of Alibaba Group, to offer customers from over 150 countries, including India, to connect to Alibaba Cloud’s ExpressConnect via Tata Communications’ IZO™ Private Connect service, on Saturday.

The stock hit a high of Rs 765.60 and a low of Rs 733.50 so far during the day. The market capitalisation of the company is Rs 21,062.93 crore.

Tata Communications has delivered more than 60% returns in a period of 1 year. It has outperformed the Nifty Services Sector index over the same period. Tata Communications Limited provides telecommunication services. The company's segments include Voice Solutions (VS), and Data and Managed Services (DMS).

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