Investors with long-term perspective can subscribe Tata Communications OFS
Wed, Mar 17, 2021 6:20 AM

Investors with long-term perspective can subscribe Tata Communications OFS

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The non-retail portion of the Tata Communications OFS was subscribed 1.36 times on Tuesday.“While deal closures delays could have near term weakness in revenues, demand outlook is robust in the medium to long term,” said Bhupendra Tiwary, analyst, ICICI Securities. He added, "With stable performance and improved cash flow generation and deleveraging possibilities bode well for the company."

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