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Tata Communications Q3 Results Review — A Mixed Bag; Motilal Oswal Retains 'Neutral' Stance On The Stock
The brokerage reiterates Neutral rating and await consistency in growth before turning more constructive on the stock.
23 Jan 2025, 10:53 AM IST 
Tata Communications' Q3 results were a mixed bag as ~10% YoY revenue growth in the Digital portfolio was offset by continued weakness in core connectivity (-1% QoQ).
(Photo Source: Vijay Sartape/BQ Prime)
Motilal Oswal believes Tata Communications' ambition of doubling data revenue by FY27 remains a tall ask without further acquisitions.
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