1899.8000 -13.80 (-0.72%)
NSE Jun 17, 2026 15:31 PM
Volume: 839.9K
 

1899.80
-0.72%
ICICI Securities Limited
Data business continued to witness healthy traction with strong margin turnaround in growth and stable trajectory in traditional services driving the profitability. The company witnessed strong 9.8% YoY, 9.1% QoQ revenue uptick in the growth segment driven by a surge in conferencing traffic. Margins expanded 510 bps QoQ to 11.6%, recording double digit margin for the first time. They also guided for double digit growth in data revenue and EBITDA growth in the medium term and would be sharing their strategic outlook later this month. We conservatively bake in 7.3% revenue CAGR...
Tata Communications .. has an average target of 1893.33 from 3 brokers.
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