Buy Tata Communications; Rs 9** target: Emkay Global Financial - Hyderabad

Sunday, 9 August, 2020

Item details

City: Hyderabad, Andhra Pradesh
Offer type: Offer

Contacts

Contact name andrian
Phone 123548292

Item description

Management performance in GDS is strong and management is confident in revenue growth. We estimate the EBITDA CAGR to be 11% and Rs 55 billion higher than the FC21 generation FY21-23E. We will resume coverage with purchase rating and SoTP-based TP at Rs.950

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