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Tata Comm gains on stake sale buzz

Posted on: June 18th 2009 in Stock News.

At 13:00pm (IST), shares of Tata Communications have gained by 1% to Rs475. Shares of Tata Communications have gained by 1% to Rs475 following reports that the company may sell a minority stake in Tata Communication Internet Services to rope in a strategic partner with proven experience …

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Sell Tata Communications, target of Rs 457: Asit C. Mehta

Posted on: May 15th 2009 in Brokerage Recommendations.

Asit C. Mehta has downgraded its rating on Tata Communications to sell from hold with a price target of Rs 457 in its may 12, 2009 research report. “Tata Communications’ business mix is progressively shifting towards enterprise data business, leading to steady revenue growth and …

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