YES Securities is bullish on Tanla Platform has recommended buy rating on the stock with a target price of Rs 1046 in its research report dated January 23, 2023.

Tanla Platforms, a stock unspoken off much among the analyst community, became the darling of Dalal Street in 2021 as its value more than doubled. The cloud communications services provider has over the last few years reported higher-than-industry earnings growth.

Tanla Platforms Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 9610.78 Crore) operating in IT Software sector.

Harshubh Shah became a star trader by looking at the stars: "Financial astrology begins where technical analysis ends. This is one thing that you cannot explain to someone till he or she experiences it or believes in it. It is difficult to digest. I used to think that it was rubbish. In technicals, you cannot predict time but in astro you can."

Tanla Platforms, incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 9890.42 Crore) operating in IT Software sector.

Geojit is bullish on Tanla Platforms has recommended buy rating on the stock with a target price of Rs 920 in its research report dated December 21, 2022.

Adani's flagship Adani Enterprises, which has more than doubled in 2022 itself, has also been India's most consistent performing stock during 2017-22. It has outperformed the BSE Sensex in all the last 5 years and has the highest price CAGR of 97%.

So far in the calendar year 2022, Nifty has advanced around 9% while Nifty Smallcap 100 index is down around 11%. Both Nifty Junior50 and Nifty Midcap100 have also underperformed the broader index by delivering 4% and 6%, respectively on a year-to-date (YTD) basis.

The company has proposed a buyback of 14,16,666 fully paid-up equity shares of the face value of Rs 1 each at Rs 1,200 per share through the tender offer process

The company has proposed a buyback of 14,16,666 fully paid-up equity shares of the face value of Rs 1 each at Rs 1,200 per share through the tender offer process

The company has proposed a buyback of 14,16,666 fully paid-up equity shares of the face value of Rs 1 each at Rs 1,200 per share through the tender offer process

With balance sheets of corporates being strong, combined with utilisation levels inching towards optimum levels, the capex cycle revival is expected to lead to a strong boost in orders for industrial and capital goods companies. This combined with China plus one strategy and Europe plus one story emerging, the narrative of India transitioning towards upping its manufacturing presence on a global level only strengthens, said Nitasha Shankar, PRS – Head Research, Yes Securities.

The resultant equity shares to be bought back at the Buyback Offer Price are 14,16,666 Equity Shares, representing 1.04 per cent, of the total Equity shares in the existing total paid-up equity share capital of the Company as well as the total paid-up equity share capital of the Company as on March 31, 2022.

Shares of Tanla Platforms hit the upper circuit as the stock gained 5 percent to close at Rs 836.35 apiece on BSE

The Board of Directors of the company will consider a proposal for buyback of equity shares of the company including matters related/incidental thereto, at its meeting which is scheduled to be held on Thursday, September 8, 2022,” Tanla Platforms said in a BSE filing.

The company's board will meet on September 8 take up the proposal for a share buyback, the cloud communications company has told exchanges

YES Securities is bullish on Tanla Platform has recommended buy rating on the stock with a target price of Rs 1218 in its research report dated July 26, 2022.

The stock crashed 20 per cent for straight two sessions after the company posted a massive 81 per cent year-on-year (YoY) fall in consolidated net profit to Rs 100.4 crore in the June 2022 quarter. It had registered a net profit of Rs 539.2 crore in the corresponding period last fiscal.

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In the Nifty pack, 41 stocks closed in the green, while 9 stocks ended in the red.

In the Nifty50 index, 41 stocks closed in the green, while 9 stocks ended in the red.

In the Nifty 50 index, 41 stocks ended in the green, while 9 stocks closed in the red in today's trade.

Tanla Platforms Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 9917.57 Crore) operating in IT Software sector.

Stocks that were in focus include Vinati Organics which rose over 3 per cent to hit a fresh 52-week high, Zomato plunged more than 12 per cent to another life low and Tanla Platforms was locked in the lower circuit of 20 per cent.

In the Nifty 50 index, 13 stocks ended in the green, while 37 stocks closed in the red in today's trade.

In the Nifty pack, 13 stocks closed in the green, while 37 stocks ended in the red.

In the Nifty50 index, 13 stocks closed in the green, while 37 stocks ended in the red.

Total revenue from operations decreased to Rs 800.1 crore for the quarter ended June 2022 as against Rs 3,206 crore in June 2021, down by 75 per cent YoY.EBITDA for the quarter was lower by 23.1 per cent YoY at Rs 130.7 crore.

The company faced operational headwinds such as pricing pressure in select pockets, and downtime due to platform modernisation of its legacy systems.

The Nifty Auto index was trading 0.62 per cent down at 12346.5.

The Nifty Bank index was trading 0.86 per cent down at 36409.45.

Tanla Platforms Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 13636.32 Crore) operating in IT Software sector.