The share of mid-cap and small-cap companies in India’s total market value reached a record high in May. Fund managers caution that the sharp rise in these shares may be excessive, citing excessive valuations in the segment.
Tata Communications Q1 Results: Cons PAT falls 43% YoY to Rs 190 crore, revenue up 7%
Tata Communications reported a 43% YoY drop in Q1FY26 net profit at Rs 190 crore. Revenue rose 7% to Rs 5,960 crore. Sequentially, profit plunged