Tata Communications Outperform Rating & Growth Outlook

  Published 9 months ago

CLSA upgrades Tata Communications' outlook, citing strong revenue growth and asset monetization plans.

  • CLSA maintains "outperform" rating with 2,100 rupee price target for Tata Communications.
  • Tata aims for 280 bln rupees revenue by FY28, surpassing CLSA estimates through land sales and STT GDC growth.
  • Stock down 0.3% amid market profit booking, with analysts averaging "hold" ratings this year.

You might like these

Marico Q1 Revenue Rises 23% YoY

Indus Towers Q2 FY26 Performance

Sanofi CH Q2 Profit Doubles YoY

Taiwan Unveils $510B AI Plan

KEC Posts Strong Q1 with 41% PBT Jump

Sensex, Nifty Mark Six-Week Losing Streak

Bajaj Healthcare: Manufacturing Overview

News that matters the most ⚡