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Tanla Platforms hits new high on heavy volumes, zooms 992% from March low

For the September quarter, the company reported a net profit of Rs 81.5 crore.

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The company’s revenue during the September quarter stood at Rs 583 crore, registering an increase of 20 per cent year-on-year (YoY).

SI Reporter Mumbai
Shares of Tanla Platforms (formerly Tanla Solutions) hit a record high of Rs 415, up 5 per cent on the BSE on Tuesday on the back of heavy volumes. The stock was locked in the upper circuit limit for the fourth straight day after the company has been included in MSCI India Domestic Small Cap index.

The counter witnessed huge trading activities today, with a more than 10 per cent total equity of Tanla Platforms changing hands on the BSE. Till 03:10 pm, around 15.05 million equity shares, representing 11 per cent of equity, changed hands on the BSE,