Tanla Platforms rallies 40% in 2 weeks; stock hits new lifetime high

In Q3FY21, the company's Ebitda was up by 99 per cent to Rs 126.9 crore for the same period, crossing the Rs 100 crore mark for the first time

Shares of Tanla Platforms hit fresh record high and were locked in the 5 per cent upper circuit at Rs 960 on the BSE on Tuesday. Till 10:04 am, a combined around 100,000 equity shares had changed hands and there were pending buy orders for total 96,000 shares on the NSE and BSE, data show.

In the past two weeks, shares of the IT software products company have rallied 40 per cent after the company reported a stellar October-December quarter (Q3FY21) results. In comparison, the S&P BSE Sensex has declined 2.6 per cent during the same period.

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