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Hold Tata Communications; target of Rs 1290: ICICI Direct

ICICI Direct recommended hold rating on Tata Communications with a target price of Rs 1290 in its research report dated January 25, 2023.

January 28, 2023 / 08:44 PM IST
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ICICI Direct's research report on Tata Communications

Tata Communications (TCom) is the leading global digital ecosystem enabler. It provides its clientele with state-of-the-art solutions across a wide range of communication, collaboration, cloud, mobility, connected solutions, network and data centre services.


We maintain HOLD as the growth – margin construct is not in sync. We value TCom at a target price of Rs 1290.

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Tata Communications - 27 -01-2023 - ic

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first published: Jan 28, 2023 08:44 pm