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    HomeNewsBusinessMarketsCash Market | Tata Communications breaks out of a falling trendline

    Cash Market | Tata Communications breaks out of a falling trendline

    Moving averages are bullish in Tata Communications

    Moneycontrol Contributor
    August 08, 2022 / 06:36 IST
    Cash Market | Tata Communications breaks out of a falling trendline

    Tata Communications | CMP: Rs 1,082 | The stock surged over 10 percent after the company said its net profits for the quarter ended June shot up 84 percent year-on-year (YoY). The company in its release said its consolidated revenue stood at Rs 4,311 crore (USD 558.9 million); increasing 5.1 percent YoY. Sequentially, growth in revenue followed upsides in the data business.

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