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Tata Communications Ltd Drops 3.1%

Tata Communications Ltd has added 10.78% over December 2022.

Tata Communications Ltd has added 10.78% over December 2022 compared to a 0.14% fall in the S&P BSE Telecommunication index and a 2.23% rise in the Sensex.

Tata Communications Ltd went down 3.1% on January 24, 2023, to trade at Rs 1,340. The S&P BSE Telecommunication index fell 0.34% to a quote at 1,669.08. The index is down 0.14 % over December 2022. Sterlite Technologies Ltd lost 0.66% among the other index constituents, and Reliance Communications Ltd decreased by 1.97%. The S&P BSE Telecommunication index fell 5.05% over 2022 compared to the 6.41% surge in benchmark Sensex.

Tata Communications Ltd has added 10.78% over December 2022 compared to a 0.14% fall in the S&P BSE Telecommunication index and a 2.23% rise in the Sensex. On the BSE, 11,606 shares were traded compared to the daily average volumes of 31,520 in the previous month. The stock hit a record high of Rs 1,429.95 on January 12, 2023, while the stock hit a 52-week low of Rs 856 on June 15, 2022.

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