Tata Communications is currently trading at Rs. 1791.35, marking an increase of 12.20 points or 0.69% from its previous close of Rs. 1779.15 on the BSE.

The stock opened at Rs. 1791.95, reaching a high of Rs. 1840.90 and a low of Rs. 1775.00 so far. A total of 21,706 shares have been traded during the session.

This group 'A' stock, with a face value of Rs. 10, touched a 52-week high of Rs. 2175.00 on October 3, 2024, and a 52-week low of Rs. 1543.10 on October 26, 2023. Over the past week, the stock's high and low were Rs. 1905.00 and Rs. 1772.50, respectively. The company’s current market capitalization stands at Rs. 51,069.15 crore.

Promoters hold a 58.86% stake in the company, while institutional and non-institutional investors hold 31.52% and 9.62%, respectively.

Tata Communications has made a pivotal upgrade to its AI cloud infrastructure in India, utilizing NVIDIA Hopper GPUs. This strategic collaboration strengthens its position in the AI landscape, empowering industries such as manufacturing, healthcare, retail, and finance with advanced AI capabilities. The company's infrastructure will now support complex AI workloads.

As part of this development, Tata Communications will incorporate advanced NVIDIA software solutions like NVIDIA NIM microservices, Omniverse, and Isaac platforms into its AI cloud services, offering businesses a robust set of tools for AI-based simulations and automation.

The first phase of deploying Hopper GPUs will begin by the end of 2024, establishing one of the largest NVIDIA Hopper GPU cloud supercomputers in India. The second phase, scheduled for 2025, will expand the infrastructure further with Blackwell GPUs.

Tata Communications, along with its subsidiaries, is a global leader in modern communication solutions.