HomeNewsBusinessStocksHold Tata Communications, says Sharmila Joshi

Hold Tata Communications, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com is of the view that one may hold Tata Communications.

February 28, 2017 / 15:30 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "First of all, there was an overhang with this whole Cyrus Mistry issue playing out, now that is out of the way. Plus now you have this deal for DoCoMo going through, not that it really affects Tata Communications in anyway, but overall it sort of clears the entire telecom sort of business horizon for Tata’s as a group and the their image which was taking a bit of a hit in the meantime that is now out of the way.""In terms of valuation also Tata Communications has been fairly decent. So, I think all things put together it makes eminent sense to continue to hold. I think there is no reason to be in a hurry to sell out on this one," he added.

first published: Feb 28, 2017 03:30 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!