Tata communication share price: Huge jump in shares, shares rose more than 3% after Q1 results

News Topical, Digital Desk : Tata communication share price: Shares of Tata Communications Limited are seen trading with tremendous gains after the Q1 results on Friday. The company's stock registered a gain of 3.36% (₹58.10) and reached the level of Rs 1,789.70. Earlier, this stock closed at Rs 1,731.60.

Today, after the market opened, the stock opened at Rs 1,700.30 and touched a high of Rs 1,789.90 at 10:14 am. Today's highest level was Rs 1,813.10, while the lowest was Rs 1,700.30.
 

The market capitalization of the company has now become Rs 51,010 crore. In the last 52 weeks, the highest level of the stock has been Rs 2,175.00 and the lowest level has been Rs 1,291.00. The P/E ratio is 31.41, while the dividend yield has been recorded at 1.40%. Reasons for the rise After the better results of Q1, the confidence of investors in the market has strengthened. The company's strong earnings, better margins and positive outlook have attracted investors. Talking about the results of Tata Communications Ltd, the company's profit in the first quarter of the financial year 2026 has come down by 42.9 percent to Rs 190 crore, which was Rs 333 crore in this quarter a year ago. The company's earnings have seen an increase of 6.6 percent, reaching Rs 5690 crore. A year ago in this quarter, the company had recorded an income of Rs 5592 crore.

Read More: Tata communication share price: Huge jump in shares, shares rose more than 3% after Q1 results