What is the share price of Tata Communications Ltd (TATACOMM) today?
The share price of TATACOMM as on 5th December 2025 is ₹1841. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Tata Communications Ltd (TATACOMM) share?
The past returns of Tata Communications Ltd (TATACOMM) share are- Past 1 week: 1.24%
- Past 1 month: -1.49%
- Past 3 months: 18.82%
- Past 6 months: 9.75%
- Past 1 year: 2.55%
- Past 3 years: 39.74%
- Past 5 years: 82.09%
What are the peers or stocks similar to Tata Communications Ltd (TATACOMM)?
The peers or stocks similar to Tata Communications Ltd (TATACOMM) include:What is the dividend yield % of Tata Communications Ltd (TATACOMM) share?
The current dividend yield of Tata Communications Ltd (TATACOMM) is 1.35.What is the market cap of Tata Communications Ltd (TATACOMM) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Tata Communications Ltd (TATACOMM) is ₹52633.80 Cr as of 5th December 2025.What is the 52 week high and low of Tata Communications Ltd (TATACOMM) share?
The 52-week high of Tata Communications Ltd (TATACOMM) is ₹2004 and the 52-week low is ₹1291.What is the PE and PB ratio of Tata Communications Ltd (TATACOMM) stock?
The P/E (price-to-earnings) ratio of Tata Communications Ltd (TATACOMM) is 28.66. The P/B (price-to-book) ratio is 17.40.Which sector does Tata Communications Ltd (TATACOMM) belong to?
Tata Communications Ltd (TATACOMM) belongs to the Communication Services sector & Telecom Services sub-sector.How to buy Tata Communications Ltd (TATACOMM) shares?
You can directly buy Tata Communications Ltd (TATACOMM) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Tata Communications Ltd
TATACOMM Share Price
TATACOMM Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
TATACOMM Performance & Key Metrics
TATACOMM Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 31.91 | 17.40 | 1.35% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 121.33 | 9.06 | 0.73% |
from 10 analysts
Price Upside
Earnings Growth
Rev. Growth
TATACOMM Company Profile
Tata Communications Limited provides telecommunication services. It's segments include Voice Solutions (VS), and Data and Managed Services (DMS).
TATACOMM Sentiment Analysis
TATACOMM Sentiment Analysis
TATACOMM Stock Summary · July 2025
In Q1 FY2026, the company reported revenues of Rs. 5,960 crore, reflecting a slight decline from the previous quarter but a year-over-year increase driven by strong digital revenue growth, particularly in Nextgen Connectivity and Cloud segments. Challenges in the SAARC region, including economic pressures and payment delays, have impacted core connectivity revenues, yet management remains optimistic about future growth opportunities, especially in the Indian market. The digital portfolio continues to thrive, with significant contract wins and a focus on enhancing profitability through strategic investments and operational efficiencies. Despite high capital expenditures leading to negative free cash flow, the company is committed to refining its revenue forecasting and improving its debt profile, positioning itself for sustained growth amidst market volatility.
TATACOMM Stock Growth Drivers
TATACOMM Stock Growth Drivers
8Strong Financial Performance
In Q1 FY26, the company reported revenues of Rs. 5,960 crore, reflecting a 6.6% year-over-year
Successful Contract Acquisitions
The company secured significant multimillion-dollar contracts, including a captive SOC deal in India and a
TATACOMM Stock Challenges
TATACOMM Stock Challenges
5Revenue Decline and Financial Performance Issues
Tata Communications reported a revenue of Rs. 5,960 crore for Q1 FY26, reflecting a 0.5%
Challenges in Core Connectivity Segment
The core connectivity segment has experienced a decline in growth due to cable cuts and
TATACOMM Forecast
TATACOMM Forecasts
Price
Revenue
Earnings
TATACOMM Share Price Forecast
TATACOMM Share Price Forecast
All values in ₹
All values in ₹
TATACOMM Company Revenue Forecast
TATACOMM Company Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
TATACOMM Stock EPS (Earnings Per Share) Forecast
TATACOMM Stock EPS (Earnings Per Share) Forecast
All values in ₹
All values in ₹
TATACOMM
TATACOMM
Income
Balance Sheet
Cash Flow
TATACOMM Income Statement
TATACOMM Income Statement
| Financial Year | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 19,976.88 | 17,031.35 | 16,587.45 | 17,137.67 | 17,348.49 | 17,098.76 | 18,277.76 | 21,253.26 | 24,368.52 | 24,802.54 | ||||||||||
| Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 19,353.77 | ||||||||||
| Power & Fuel Cost | 271.00 | 253.75 | 283.86 | 293.00 | 269.11 | 273.02 | 316.58 | 355.84 | 365.75 | |||||||||||
| Employee Cost | 2,839.41 | 2,977.52 | 2,959.66 | 3,039.14 | 3,049.09 | 3,040.34 | 3,597.46 | 4,452.95 | 4,557.28 | |||||||||||
| Selling & Administrative Expenses | 1,643.43 | 1,517.92 | 1,567.95 | 1,381.48 | 973.68 | 980.13 | 1,083.02 | 1,361.88 | 1,201.79 | |||||||||||
| Operating & Other expenses | 11,523.32 | 9,985.80 | 8,968.63 | 9,455.93 | 8,713.99 | 8,240.50 | 8,522.97 | 10,805.68 | 12,641.81 | |||||||||||
| EBITDA | 3,699.72 | 2,296.36 | 2,807.35 | 2,968.12 | 4,342.62 | 4,564.77 | 4,757.73 | 4,276.91 | 5,601.89 | 5,448.77 | ||||||||||
| Depreciation/Amortization | 1,865.77 | 1,906.30 | 2,067.60 | 2,357.72 | 2,313.87 | 2,204.54 | 2,261.81 | 2,469.67 | 2,592.10 | 2,654.10 | ||||||||||
| PBIT | 1,833.95 | 390.06 | 739.75 | 610.40 | 2,028.75 | 2,360.23 | 2,495.92 | 1,807.24 | 3,009.79 | 2,794.67 | ||||||||||
| Interest & Other Items | 367.19 | 344.45 | 396.55 | 470.74 | 420.20 | 360.25 | 432.46 | 644.15 | 729.06 | 747.82 | ||||||||||
| PBT | 1,466.76 | 45.61 | 343.20 | 139.66 | 1,608.55 | 1,999.98 | 2,063.46 | 1,163.09 | 2,280.73 | 2,046.85 | ||||||||||
| Taxes & Other Items | 233.89 | 374.21 | 425.57 | 225.62 | 357.92 | 518.22 | 267.50 | 194.75 | 444.37 | 397.51 | ||||||||||
| Net Income | 1,232.87 | -328.60 | -82.37 | -85.96 | 1,250.63 | 1,481.76 | 1,795.96 | 968.34 | 1,836.36 | 1,649.34 | ||||||||||
| EPS | 43.26 | -11.53 | -2.89 | -3.02 | 43.88 | 51.99 | 63.02 | 33.98 | 64.43 | 57.87 | ||||||||||
| DPS | 6.00 | 4.50 | 4.50 | 4.00 | 14.00 | 20.70 | 21.00 | 16.70 | 25.00 | 25.00 | ||||||||||
| Payout ratio | 0.14 | — | — | — | 0.32 | 0.40 | 0.33 | 0.49 | 0.39 | 0.43 |
TATACOMM Company Updates
TATACOMM Stock Peers
TATACOMM Past Performance & Peer Comparison
TATACOMM Past Performance & Peer Comparison
Communication ServicesTelecom Services
Valuation
Technical
Forecast
| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Tata Communications Ltd | 28.66 | 17.40 | 1.35% |
| Bharti Airtel Ltd | 37.59 | 8.22 | 0.72% |
| Vodafone Idea Ltd | -4.23 | -1.65 | — |
| Bharti Hexacom Ltd | 59.08 | 14.88 | 0.57% |
TATACOMM Stock Price Comparison
Compare TATACOMM with any stock or ETFTATACOMM Holdings
TATACOMM Shareholdings
TATACOMM Promoter Holdings Trend
TATACOMM Promoter Holdings Trend
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
TATACOMM Institutional Holdings Trend
TATACOMM Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has decreased by 3.55%
TATACOMM Shareholding Pattern
TATACOMM Shareholding Pattern
TATACOMM Shareholding History
TATACOMM Shareholding History
Mutual Funds Invested in TATACOMM
Mutual Funds Invested in TATACOMM
No mutual funds holding trends are available
Top 5 Mutual Funds holding Tata Communications Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 0.1314% | Percentage of the fund’s portfolio invested in the stock 1.36% | Change in the portfolio weight of the stock over the last 3 months 0.45% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 47/69 (+9) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0704% | Percentage of the fund’s portfolio invested in the stock 2.16% | Change in the portfolio weight of the stock over the last 3 months 0.18% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 13/66 (+3) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0441% | Percentage of the fund’s portfolio invested in the stock 1.22% | Change in the portfolio weight of the stock over the last 3 months 0.37% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 62/86 (+1) |
Compare 3-month MF holding change on Screener
smallcases containing TATACOMM stock
smallcases containing TATACOMM stock
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Tata Communications Ltd
TATACOMM Events
TATACOMM Events
TATACOMM Dividend Trend
TATACOMM has shown inconsistent dividend trend over the last 5 years
Current dividend yield is 1.35%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹13.54 every year
Dividends
Corp. Actions
Announcements
Legal Orders
TATACOMM Dividend Trend
TATACOMM has shown inconsistent dividend trend over the last 5 years
Current dividend yield is 1.35%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹13.54 every year
TATACOMM Upcoming Dividends
TATACOMM Upcoming Dividends
No upcoming dividends are available
TATACOMM Past Dividends
TATACOMM Past Dividends
Cash Dividend
Ex DateEx DateJun 19, 2025
Dividend/Share
₹25.00
Ex DateEx Date
Jun 19, 2025
Cash Dividend
Ex DateEx DateJul 1, 2024
Dividend/Share
₹16.70
Ex DateEx Date
Jul 1, 2024
Cash Dividend
Ex DateEx DateJun 26, 2023
Dividend/Share
₹21.00
Ex DateEx Date
Jun 26, 2023
Cash Dividend
Ex DateEx DateJun 10, 2022
Dividend/Share
₹20.70
Ex DateEx Date
Jun 10, 2022
Cash Dividend
Ex DateEx DateJun 17, 2021
Dividend/Share
₹14.00
Ex DateEx Date
Jun 17, 2021
TATACOMM Stock News & Opinions
TATACOMM Stock News & Opinions
Tata Communications announced that it has acquired 51% stake in Commotion Inc., a leading AI-native Enterprise SaaS Platform company with operations in the US and India. This acquisition marks a significant step in accelerating AI integration across Tata Communications' Digital Fabric offerings, particularly within its Customer Interaction Suite, that includes Tata Communications Kaleyra, to deliver contextual and converged AI driven experiences for both customers and employees. Commotion's orchestration engine will integrate with Kaleyra's core components ' including channels, Kaleyra TX Hub, and CCaaS ' to automate and intelligently guide end-to-end customer journeys, shifting engagement from reactive responses to predictive and generative interactions. Acquiring Commotion and integrating its capabilities into its Digital Fabric, will further accelerate Tata Communications' own AI adoption and advance its journey to becoming an AI-first organisation. This development builds on its ongoing efforts to help enterprises shift from AI experimentation to scalable, business-critical transformation. Powered by Capital Market - Live
Tata Communications today announced a strategic partnership with NiCE to revolutionise enterprise contact centre operations. This collaboration brings together Tata Communications Kaleyra's AI-powered Customer Interaction Suite with NiCE's industry-leading CXone Mpower CX AI platform to deliver intelligent, automated, and hyper-personalised customer experiences. Driven by Tata Communications' robust digital channels, globally compliant voice and network infrastructure, deep cloud migration expertise, agentic AI capabilities, and comprehensive managed services, the solution delivers secure, scalable, and personalised customer experiences across more than 190 countries and territories. NiCE enhances this partnership with the full capabilities of its CXone Mpower platform, an end to-end CX AI solution that brings together AI-driven workforce augmentation, intelligent automation, and seamless workflow orchestration in a unified solution. With CXone Mpower at the core, enterprises can rapidly modernise their contact centres, ensure consistent excellence across every channel, and turn customer engagement into a measurable engine for growth, operational efficiency, and long-term loyalty. Together, Tata Communications and NiCE will accelerate digital transformation for customer service operations, ensuring agility, compliance, and innovation at scale, while evolving them from reactive support units into dynamic AI-powered growth engines that anticipate customer needs, empower agents, and drive proactive service. Further enhancing this experience is the Tata Communications Kaleyra TX Hub ' a modular orchestration layer that connects customers' existing CX stack and enterprise tools into a unified, intelligent, total agent experience. Kaleyra TX Hub offers drag-and-drop deployment, personalised agent views, built-in sentiment analysis, and a unified interface for contact centre agents and supervisors. It simplifies the migration journey for enterprises, making it easier to transition to modern CX AI platforms like NiCE CXone Mpower, while preserving continuity and minimising disruption.Powered by Capital Market - Live
Profit before tax (PBT) fell 26.12% to Rs 254.64 crore in Q2 FY26 compared withRs 344.65 crore in Q2 FY25. In Q2 FY26, EBITDA stood at Rs 1,174 crore, registering the growth of 3.9% compared with Rs 1,129 crore in Q2 FY25. EBITDA margin reduced 48 bps to 19.2% in Q2 FY26 as against 19.7% in Q2 FY25, During the quarter, data revenue increased by 7.3% to Rs 5,179 crore as against Rs 4,826 crore reported in Q2 FY25. A.S. Lakshminarayanan, MD and CEO, Tata Communications, said: 'We have sustained momentum this quarter, led by healthy double-digit growth in our digital portfolio. The period has also marked some significant wins in government projects, advancing our role in Digital India. Our newly launched products in our strategic bets, including voice AI and cloud networking, are generating significant interest and adoption among our customers, reflecting the strength and relevance of our solutions.' Kabir Ahmed Shakir, chief financial officer, Tata Communications, said: 'Our Q2 results demonstrate strong operational discipline, with Data EBITDA margins improving sequentially and reflecting the resilience of our core business. As we enter the second half of the fiscal, we expect our strategic bets to further enhance profitability and margin strength. We remain confident in our ability to sustain growth, optimise capital efficiency and deliver long-term value for all stakeholders.' Tata Communications is a global digital ecosystem enabler powering today's fast-growing digital economy in more than 190 countries and territories. Leading with trust, it enables the digital transformation of enterprises globally with collaboration and connected solutions, core and next-gen connectivity, cloud hosting and security solutions, and media services. The scrip rallied 4.44% to end at Rs 1955.55 on the BSE.Powered by Capital Market - Live
Net profit of Tata Communications declined 19.44% to Rs 183.06 crore in the quarter ended September 2025 as against Rs 227.23 crore during the previous quarter ended September 2024. Sales rose 6.49% to Rs 6099.75 crore in the quarter ended September 2025 as against Rs 5727.85 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales6099.755727.85 6 OPM %19.2419.72 - PBDT954.42949.91 0 PBT275.64301.75 -9 NP183.06227.23 -19 Powered by Capital Market - Live
Tata Communications Ltd gained 5% today to trade at Rs 1966.05. The BSE Telecommunication index is up 1.06% to quote at 2914.32. The index is up 1.45 % over last one month. Among the other constituents of the index, Vodafone Idea Ltd increased 1.08% and Sterlite Technologies Ltd added 1.07% on the day. The BSE Telecommunication index went down 4.88 % over last one year compared to the 0.66% surge in benchmark SENSEX. Tata Communications Ltd has added 17.75% over last one month compared to 1.45% gain in BSE Telecommunication index and 0.71% rise in the SENSEX. On the BSE, 27975 shares were traded in the counter so far compared with average daily volumes of 81940 shares in the past one month. The stock hit a record high of Rs 2000 on 15 Oct 2025. The stock hit a 52-week low of Rs 1293 on 04 Mar 2025.Powered by Capital Market - Live
Jyoti CNC Automation Ltd, Natco Pharma Ltd, Reliance Power Ltd, Elecon Engineering Company Ltd are among the other stocks to see a surge in volumes on NSE today, 10 October 2025.Tata Communications Ltd notched up volume of 116.96 lakh shares by 14:14 IST on NSE, a 48.26 fold spurt over two-week average daily volume of 2.42 lakh shares. The stock rose 11.28% to Rs.1,888.20. Volumes stood at 1.41 lakh shares in the last session.Jyoti CNC Automation Ltd registered volume of 80.15 lakh shares by 14:14 IST on NSE, a 16.54 fold spurt over two-week average daily volume of 4.85 lakh shares. The stock rose 6.29% to Rs.971.45. Volumes stood at 3.04 lakh shares in the last session.Natco Pharma Ltd recorded volume of 34.37 lakh shares by 14:14 IST on NSE, a 8.99 times surge over two-week average daily volume of 3.82 lakh shares. The stock gained 3.09% to Rs.838.65. Volumes stood at 3.14 lakh shares in the last session.Reliance Power Ltd clocked volume of 953.63 lakh shares by 14:14 IST on NSE, a 6.74 times surge over two-week average daily volume of 141.53 lakh shares. The stock gained 8.59% to Rs.48.27. Volumes stood at 135.86 lakh shares in the last session.Elecon Engineering Company Ltd registered volume of 27.95 lakh shares by 14:14 IST on NSE, a 5.75 fold spurt over two-week average daily volume of 4.86 lakh shares. The stock slipped 7.79% to Rs.556.80. Volumes stood at 3.99 lakh shares in the last session.Powered by Capital Market - Live
Subex Ltd, Reliance Power Ltd, Jyoti CNC Automation Ltd and Redington Ltd are among the other gainers in the BSE's 'A' group today, 10 October 2025.Tata Communications Ltd soared 12.25% to Rs 1905 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 3.44 lakh shares were traded on the counter so far as against the average daily volumes of 10213 shares in the past one month. Subex Ltd spiked 9.93% to Rs 13.17. The stock was the second biggest gainer in 'A' group. On the BSE, 10.97 lakh shares were traded on the counter so far as against the average daily volumes of 1.75 lakh shares in the past one month. Reliance Power Ltd surged 8.77% to Rs 48.35. The stock was the third biggest gainer in 'A' group. On the BSE, 110.9 lakh shares were traded on the counter so far as against the average daily volumes of 24.79 lakh shares in the past one month. Jyoti CNC Automation Ltd spurt 8.42% to Rs 989.8. The stock was the fourth biggest gainer in 'A' group. On the BSE, 3.1 lakh shares were traded on the counter so far as against the average daily volumes of 17301 shares in the past one month. Redington Ltd added 6.63% to Rs 286.35. The stock was the fifth biggest gainer in 'A' group. On the BSE, 12.15 lakh shares were traded on the counter so far as against the average daily volumes of 13.21 lakh shares in the past one month. Powered by Capital Market - Live
Tata Communications will hold a meeting of the Board of Directors of the Company on 15 October 2025.Powered by Capital Market - Live
Tata Communications has been awarded a strategic project to deliver a comprehensive digital infrastructure - spanning network fabric, IoT, cloud, and security, with unified management across domains 'V for the Goods and Services Tax Appellate Tribunal (GSTAT) benches established by the Ministry of Finance, Government of India. This multi-crore, prestigious win reinforces Tata Communications'' position as a trusted technology partner for mission-critical national initiatives. GSTAT is a dedicated appellate tribunal to adjudicate GST related disputes with principal bench in New Delhi and 31 state benches. This initiative directly supports the Government''s vision to reduce legal friction, simplify taxation, and enhance investor confidence. Tata Communications will deliver a secure, scalable, and intelligent digital fabric of solutions for the GSTAT. The state-of-the-art infrastructure 'X spanning LAN, WAN, SDWAN, video conferencing, cloud services, and advanced security 'X will underpin the tribunal''s operations. The initiative will automate operations, strengthen transparency, and significantly enhance efficiency, by enabling predictive analytics and chatbots, creating a resilient and future-ready digital ecosystem. This integrated infrastructure will empower the tribunal to: 'h Accelerate and streamline end-to-end operations of GSTAT 'h Ensure seamless access across all GSTAT benches nationwide 'h Safeguard tribunal''s data transfer and ensure operational security 'h Deliver a simplified and frictionless user experience By modernising how stakeholders will engage with GSTAT, the project will enable the GSTAT to meet their vision and foster greater trust in India''s GST framework. Powered by Capital Market - Live
Tata Communications announced a new strategic collaboration with Cisco to reshape the future of how businesses connect, manage, and scale their connected devices around the world. As enterprises expand IoT operations, the management of large fleets of devices - from connected vehicles to industrial sensors - poses persistent hurdles. These include fragmented SIM hardware due to juggling of multiple vendors or hardware standards, complex device provisioning, and a lack of interoperability between different networks and technologies. These challenges, in turn, slow down rollouts, increase costs, and limit flexibility, making it difficult for organisations to scale their IoT initiatives with confidence and impact. This collaboration will embed Tata Communications MOVE' - an intelligent, multigenerational, global eSIM orchestra on solution, delivering 350+ million eSIM Operating Systems (OS) and managed SIM lifecycle with reach across 200+ countries and territories - into Cisco's IoT Control Center, a device management platform cloud offering that is used by over 32,000 enterprises and supporting more than 270 million SIM IoT devices (including 100 million connected cars). Leveraging Tata Communications' and Cisco's combined expertise in enabling simplified, scalable, global IoT deployments, enterprises will be able to: ' Seamlessly activate and manage devices across SIM providers, private and public networks and eSIM standards ' Accelerate me-to-market through a frictionless, unified connectivity experience ' Gain deep visibility and control across all layers of IoT deployment ' Reduce integra on efforts and avoid vendor lock-ins Powered by Capital Market - Live

Over the last 5 years, revenue has grown at a yearly rate of 7.29%, vs industry avg of 10.93%
Over the last 5 years, market share decreased from 10.43% to 8.81%