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Tata Communications forms joint venture in China

pre-market1 source ↓written by the desknot a recommendation

Registered
12 March 2026

Tata Communications Limited announced the establishment of TC (Shanghai) Technology Company Limited through a joint venture with Shanghai Runshengtong Management Consulting. Registered on 12 March 2026, the JV has a capital contribution of RMB 10 million split equally between the partners. This move enhances Tata's presence in the telecommunications sector in China, potentially boosting growth opportunities in the region.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 19 Mar 2026, 07:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

TATACOMM closed −3.7% on the day of the news, from ₹1,496.70 to ₹1,440.90; Nifty −3.3% over the same session.

Bulletin at 07:04 IST on 19 Mar 2026. Every change is measured from ₹1,496.70, the last close before it, on 18 Mar. Nifty 50 is measured over the same sessions.

  • TATACOMM close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
TATACOMM closes around the bulletin against the close before the news, with Nifty 50 rebased to it131614971678axis spans 27%before the news · 18 Mar1497Nifty 50TATACOMMbulletinD0+1+3+512 Mar24 Mar7 AprReference close ₹1,496.70. 16 sessions from 12 Mar to 7 Apr; the price axis spans 27 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before18 Mar₹1,496.70basebase
On the day19 Mar₹1,440.90▼ −3.7%▼ −3.3%−0.5 pp difference
+1 session20 Mar₹1,416.80▼ −5.3%▼ −2.8%−2.5 pp difference
+3 sessions24 Mar₹1,407.30▼ −6.0%▼ −3.6%−2.3 pp difference
+5 sessions27 Mar₹1,398.30▼ −6.6%▼ −4.0%−2.5 pp difference
Gap at the open, % · ₹
▼ −0.5%−7.33 on 19 Mar
Day's range, % · ₹
3.5%≈ 52 high to low
Volume on the day
0.65×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · TATACOMM on the desk →

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