Tata Communications Anticipates Fivefold Expansion in India's Data Centre Capacity, Eyes Significant EBITDA Growth
Tata Communications anticipates a fivefold increase in India's data centre capacity, with a strategic focus on achieving significant EBITDA growth through digital infrastructure expansion. The company is positioning itself as a key player in India's evolving data centre landscape. This outlook, as reported by a newspaper, reflects Tata Communications' commitment to scaling its digital infrastructure capabilities to drive financial performance.
Stocks to Watch Today: Tata Communications in focus as Macquarie maintains Outperform
Macquarie has maintained an Outperform rating on Tata Communications with a target price of ₹2,200, even after trimming its EBITDA estimates. The brokerage projects revenue, EBITDA, and EBIT CAGRs of 11%, 18%, and 30% respectively over FY26–29, driven by the company's digital portfolio. ROIC is expected to expand above 20%, supported by the new CEO's quality growth strategy.
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.