Tata Communications fall in net profit comes even as revenue from operations saw a 10% jump on-year to Rs 4872.5 crore in the September quarter as compared to Rs 4430.74 crore in the corresponding quarter of last year
Tata Communications stock rose over 5% in early trade amid flat trading for the broader indices today. Tata Communications climbed 5.64% to Rs 1,401 against the previous close of Rs 1326.25 on BSE. Rakesh Jhunjhunwala invested in the company through his wife Rekha Jhunjhunwala. As per the shareholding pattern of Tata Communications for the quarter ended December 2022, Rekha Jhunjhunwala owned 30,75,687 shares or a 1.08 per cent stake in the company.