Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
518.70
Change Change %
-6.20 -1.18%

Updated:15 Nov, 2018, 15:52 PM IST

BSE
514.95
Change Change %
-10.10 -1.92%

Updated:15 Nov, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
20-05-2016 Buy 448.05 615.00
N/A
Target Hit Long (1Y)
20-05-2017

Religare recommends buy on Tata Communications

Religare recommends buy on Tata Communications for target price of Rs 615. It says Singapore data centre deal is attractively valued at 18 times EV/EBITDA, would bring in cash flows of $400 million, helping Tata Communication to de-lever its balance sheet and curtail investments in this capital-intensive business.

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