Tata Communications shares climb 2% to 1704.50 rupees, buoyed by Macquarie’s bullish outlook and analyst.

• Macquarie reiterates Outperform, citing data consumption surge, cloud migration, and data localization benefits for Tata.
• Target price set at 2,210 rupees, suggesting 32.4% upside from the current closing level for investors.
• Eight analysts rate Buy, median target 2,000 rupees; shares down 2% YTD, underperforming the index overall.