CLSA Maintains Outperform Rating on Tata Communications with ₹2,600 Target Price
CLSA has maintained an Outperform rating on Tata Communications with a target price of ₹2,600, citing 20% YoY growth in digital services and a data business scale comparable to Airtel Business. The brokerage also highlights improving cash flows and comfortable leverage as key financial positives. Additionally, the new CEO's focus on profitable growth is seen as a strategic driver to bridge the wide margin gap versus peers.
17Jun 26
Tata Communications Records ₹39.24 Crore Block Trade on NSE at ₹1925.10 Per Share
A block trade of approximately 2,03,837 shares of Tata Communications was executed on the NSE at ₹1925.10 per share. The total value of the transaction stood at ₹39.24 crores. Such large-scale block trades are generally associated with institutional participation and are structured to limit price disruption in the open market.
Tata Communications Issues Commercial Paper Worth ₹750 Crore
Tata Communications has issued commercial paper worth ₹750 crore, providing the telecommunications services company with short-term funding through this unsecured debt instrument. The issuance allows the company to access immediate liquidity for operational requirements and business needs.
23Apr 26
Macquarie Maintains Outperform Rating on Tata Communications with ₹2,210 Target Price
Macquarie maintains Outperform rating on Tata Communications with ₹2,210 target price following Q4 review. While the company showed improved growth, it faced margin pressures from weaker data services profitability and higher taxes. Despite near-term challenges, Macquarie remains bullish citing strong long-term outlook and potential for significant growth over three years.
23Apr 26
CLSA Maintains Outperform Rating on Tata Communications with ₹2,280 Target Price
CLSA maintains Outperform rating on Tata Communications with ₹2,280 target price after strong Q4 showing 9% YoY revenue growth and 14% YoY EBITDA increase. Data segment (87% revenue mix) grew 12% YoY while digital services surged 19%. Management projects ~15% EBITDA CAGR through FY29.
Tata Communications management has announced a strategic shift targeting higher earnings growth through focused emphasis on connectivity, usage, and digital services. This strategic pivot represents the company's effort to optimize its service portfolio and capitalize on growing market demand in the digital transformation space.
23Apr 26
Tata Communications Maintains Strategic Focus Amid West Asia Geopolitical Concerns
Tata Communications management has reaffirmed its commitment to maintaining strategic direction and building execution momentum for profitable growth. The company acknowledges potential short-term risks from West Asia geopolitical issues but remains focused on its growth trajectory and strategic objectives.
Tata Communications Recommends Final Dividend of ₹17.50 Per Share
Tata Communications has recommended a final dividend of ₹17.50 per share for its shareholders. The dividend recommendation is subject to shareholder approval and represents the company's commitment to returning value to equity holders. Further details regarding payment timelines and eligibility dates are expected following the formal approval process.
Tata Communications Extends Timeline for Revenue Growth and Margin Targets
Tata Communications has revised its strategic growth plan, extending the timeline to achieve its revenue growth and margin goals by one year. The company now aims to meet its financial objectives by FY28 instead of the original target. This adjustment reflects a reassessment of market conditions and the company's growth trajectory. The extended timeline may allow Tata Communications to refine strategies and adapt to changing market dynamics in the telecom and digital services sector.
Tata Communications Expands Asian Network with New Subsea Cable TGN-IA2
Tata Communications has announced the introduction of a new subsea cable system, TGN-IA2, connecting Singapore, Hong Kong, and Japan. This strategic expansion aims to enhance connectivity, improve data transmission capabilities, and increase network reliability in the Asia-Pacific region. The cable is expected to meet growing demand for high-speed, low-latency connectivity, benefiting industries such as financial services, technology, media, and multinational corporations. TGN-IA2 will complement Tata Communications' existing submarine cable network, which spans over 500,000 km across 190 countries and territories.
03Jun 25
Tata Communications Unveils TGN-IA2: A New Cable System for Enhanced Global Connectivity
Tata Communications has introduced a new cable system, TGN-IA2, to enhance global connectivity across Asia, the United States, EMEA, and India. The system integrates with existing network assets, aiming to improve high-speed, reliable data transmission. TGN-IA2 is designed to meet growing demands for advanced connectivity, supporting multinational corporations, cloud service providers, and digital businesses. This strategic move reinforces Tata Communications' position in the global digital ecosystem and addresses the increasing reliance on digital services and cloud-based applications.
24Apr 25
Tata Communications Reports Mixed Q4 Results, Grants Stock Options, and Reduces Stake in NetFoundry
Tata Communications reported mixed Q4 FY2025 results amid global economic uncertainties. The company approved 747,351 employee stock options (RSUs) priced at ₹10 per share, effective May 1, 2025. Additionally, Tata Communications reduced its stake in NetFoundry Inc. from 100% to 11.49% through a funding round with venture capitalists. The company also made its Q4 earnings call recording available to investors.
Tata Communications: Q4 Profit Soars Over 300% on Exceptional Gain, Revenue Grows
Tata Communications announced strong Q4 FY23 results with consolidated net profit soaring 224% YoY to ₹10,405 million. Revenue grew 6.1% YoY to ₹59,904 million. The company reported an EBITDA of ₹11,221 million with an 18.73% margin. An exceptional gain of ₹3,112 million from a subsidiary sale contributed to the profit surge. The Board recommended a final dividend of ₹25 per share for FY23.