Tata Communications Declares Rs 21.00 Per Share Final Dividend, Soars 222% In 3-Years

Board of Tata Communications Ltd recommended a final dividend of Rs 21 per share for the financial year ended March 31, 2023. The last trading price of Tata Communications is Rs 1193.70 per share on BSE after an intraday dip of 1.59%. The stock rallied 222% in last 3-years. Check details below:

Tata Communications Ltd Declares Final Dividend: According to the regulatory filing of the company, "Further, we would like to inform you that the Board of Directors has recommended a final dividend of ₹21.00 per share of the face value of Rs.10 each for the financial year ended March 31, 2023. This dividend, upon approval of the shareholders, shall be paid to eligible shareholders after conclusion of the ensuing Annual General Meeting."

Tata Communications Ltd Stock Performance & Return: The mid cap stock's last trading price on BSE is Rs 1193.70 apiece. Its 52-week high price is Rs 1429.95 per share and 52-week low price is Rs 856.00 per share, respectively. The company has a market capitalisation of Rs 34,020.45 crore. It declined 8% in last 1-year, gave return of 7% in last 2-years, and 222% return in last 3-years. The scrip jumped 200% in last 5-years.

Tata Communications Ltd About: Tata Communications is a digital ecosystem enabler that powers today's fast-growing digital economy. It enables the digital transformation of enterprises globally, including 300 of the Fortune 500 - unlocking opportunities for businesses by enabling borderless growth, boosting product innovation and customer experience, improving productivity and efficiency, building agility and managing risk, according to its official website. The mid cap stock was incorporated in 1986 and operates in Telecommunication sector.

Disclaimer: The stock declared final dividend today. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.