India's Tata Communications up on purchase of balance stake in OSSE France

** Shares of telecommunication provider Tata Communications TATACOMM rise as much as 3.8% to 1,590 rupees, their highest in a week

** Stock now up 3.1%

** Co said on Monday it's unit Tata Communications International will buy balance stake in Oasis Smart Sim Europe SAS (OSSE France) for $12 million

** Two of the six analysts covering stock have a "buy" or "strong buy" rating, three "hold," one "sell;" median PT is 1,450 rupees - Refinitiv data

** Stock extends YTD gains to ~25% after 13% drop in 2022