Tata Comms Shares - brokerages highlight upside near 52-week high

Edited by ad hoc news Long-Term & Business-Model Desk. Verified prior to publication on 06/20/2026, 16:23 CET. Details in the imprint.

Tata Comms (INE151A01013) is back in analyst focus as the stock trades close to its 52-week high. Brokerages CLSA and ICICI Securities underline further upside potential in fresh commentary, according to a Business Today report dated 06/20/2026.

What brokerages are saying

According to Business Today, Tata Communications shares recently traded at around INR 1,963, close to the 52-week high of INR 2,050 reached on 05/26/2026. CLSA maintains an “outperform” stance with a reported 12-month target price of INR 2,600, implying more than 30% upside from current levels.

The same report notes that ICICI Securities is also constructive on the name, with a target price of INR 2,100. Both houses highlight the company’s position in global data networks and enterprise connectivity as key drivers for long-term earnings growth.

Long-term strategy in focus

On a Saturday, the emphasis naturally shifts to the long-term business model behind the stock. Tata Communications presents itself in filings and investor presentations as a global digital ecosystem enabler, centered on enterprise connectivity, cloud, collaboration and media services.

Management has repeatedly stressed a pivot from legacy voice to higher-margin digital platforms over recent years, seeking to lift return on capital and reduce earnings volatility. Against this backdrop, the positive analyst stance reflects confidence that this transition can sustain medium-term revenue and margin growth.

How the company makes money

Tata Communications generates revenue primarily from global network services, cloud and managed hosting, unified communications, and media delivery for enterprises and service providers. The group operates an extensive subsea cable network and data centers that underpin these connectivity and digital offerings.

Where the stock trades today

On the National Stock Exchange of India, Tata Communications shares most recently traded around INR 1,988.80 as of 06/20/2026, while the previous close reported by several market data providers was INR 1,988.80.

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.