Tata Communications (TCL) continues to enjoy investor interest visible in the ~40% run up in the stock in the last three months. The stock was weighed down by several uncertainties related to land monetisation, Neotel deal and the highly leveraged situation of TCL's balance sheet. In the recent past, the company has battled these issues. Also, the combined debt reduction post consummation of Neotel & data centre deal is expected at ~| 5000-5500 crore, enabling it to move towards its stated objective of debt reduction. However, we will factor in the same in...