Profit

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

NSE
531.00
Change Change %
-7.00 -1.30%

Updated:20 Nov, 2018, 15:09 PM IST

BSE
530.95
Change Change %
-6.25 -1.16%

Updated:20 Nov, 2018, 15:15 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
CLSA
N/A
03-08-2016 Buy 459.05 570.00
N/A
Target Hit Long (1Y)
03-08-2017

CLSA upgrades Tata Communications to buy

CLSA has upgraded Tata Communications to "buy" from "outperform" with a target price of Rs 570. Core business growth and deleveraging is key. Data business driving is profit margin. Sale of data centres on track. Revise FY17-18 EBITDA estimates by 1-2 per cent. Rising free-cash flows and asset sales are likely to drive stock price.

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