Mirae Asset Mutual Fund increased its stake in Tata Communications Limited from 3.95% to 4.19%, buying 698,382 shares. The stake is now worth ₹2,101.46 crore at a share price of ₹1758.20.
A global digital ecosystem enabler providing managed communication, collaboration, cloud, and connectivity solutions to multinational enterprises and service providers worldwide. Tata Communications operates state-of-the-art infrastructure spanning emerging and developed markets, serving Fortune 500 companies with integrated network services, mobility solutions, and data center capabilities. The company delivers comprehensive technology solutions to drive digital transformation across industries globally.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.