Latest news with #TanlaPlatformsLtd
Business Standard
18-06-2025
- Business
- Business Standard
Tanla Platforms Ltd Falls 1.93%
Tanla Platforms Ltd has added 14.18% over last one month compared to 3.41% gain in BSE Teck index and 0.91% drop in the SENSEX Tanla Platforms Ltd lost 1.93% today to trade at Rs 663.35. The BSE Teck index is down 0.58% to quote at 18419.46. The index is up 3.41 % over last one month. Among the other constituents of the index, ITI Ltd decreased 1.75% and PB Fintech Ltd lost 1.36% on the day. The BSE Teck index went up 10.54 % over last one year compared to the 5.19% surge in benchmark SENSEX. Tanla Platforms Ltd has added 14.18% over last one month compared to 3.41% gain in BSE Teck index and 0.91% drop in the SENSEX. On the BSE, 3908 shares were traded in the counter so far compared with average daily volumes of 1.7 lakh shares in the past one month. The stock hit a record high of Rs 1086.05 on 15 Jul 2024. The stock hit a 52-week low of Rs 409.4 on 03 Mar 2025.
Business Upturn
13-05-2025
- Business
- Business Upturn
Why is Tanla share price up 8% today? Know More
By Aditya Bhagchandani Published on May 13, 2025, 10:14 IST Shares of Tanla Platforms Ltd surged 8.63% to ₹537.10 in early trade on May 13, making it one of the top gainers on the NSE. The sharp rally came after a key promoter action that boosted investor confidence. According to exchange filings, promoter Dasari Uday Kumar Reddy acquired a 1.38% stake in the company at an average price of ₹470.15 per share. The shares were purchased from American Funds Insurance Series Global Small Capitalization Fund and Smallcap World Fund Inc., signaling a strong vote of confidence from the company's top leadership. The stock opened strong and traded in the range of ₹502.20 to ₹542.00 during the session. With a market capitalization of ₹72,180 crore, Tanla has a P/E ratio of 14.26 and a dividend yield of 2.23%, according to NSE data. The promoter's increased holding has sent a positive signal to the market, reflecting belief in the company's long-term prospects. Investors responded swiftly to the development, pushing the stock nearly 9% higher from its previous close of ₹494.45. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
