Shares of Tata Communications Ltd jumped as much as 4.6 pct, their biggest intraday pct gain since June 9.
Co reported a 22 pct lower June-qtr consol profit on Monday. However, EBITDA grew 12.6 pct QoQ on the back of growth in data services and lower operating costs.
"EBITDA performance was better than expected and investors are now looking forward to the conference call with optimism on outlook details," said Manoj Behera from PhillipCapital (India) Private Limited.
Up to Monday's close, stock had risen 3.2 pct this year.
