Tanla hits 5% upper circuit on tie-up with Voda Idea for Wisely Platform

In the past one month, the stock of Tanla has outperformed the market by surging 36 per cent

Shares of Tanla Platforms were locked at 5 per cent upper circuit at Rs 1,675.90 on the BSE on Tuesday after the company and Vodafone Idea (Vi) entered into a partnership to deploy patented block-chain enabled Wisely Platform to manifold increase ROI for global enterprises. This was also the shares' record high level.

"Tanla, a leading CPaaS provider and Vi today announced a partnership wherein Tanla will be the exclusive provider of solutions to secure, encrypt and enhance performance for the entire international messaging traffic on the Vi network. India’s international messaging market is estimated to be around Rs 3,500