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Shares of Tanla Platforms, a company related to the IT sector, rose up to 10% on Thursday. Shares of Tanla Platforms touched a high of Rs 664.45 on the BSE index. However, the stock later started trading at Rs 650 level due to profit booking. The market capital of the company is 8750 mln. The stock has lost 61% over the past year. The stock fell from Rs 1,692 to Rs 650 during this time.
the reason for the boom
Actually, the Mobile World Congress (MWC) is held in Barcelona, Spain. In this program on February 27, 2023, Tanla Platforms must launch Wisely ATP, an anti-phishing technology. Wisely ATP is a first-of-its-kind anti-phishing platform to protect citizens, trusted brands and the digital economy.
Adani Enterprises’ share price of up to ₹3,800 is not much, the former CEA explained.
According to the company, SMS phishing scams are the most important source of cybercrime in India. More than 120 million cases are reported in India every year, causing an estimated loss of $16 billion (roughly Rs. 1,30,000 crore). Tanla Platforms’ net profit fell 26.3 percent to Rs 116.51 crore in the December quarter. At the same time, the income from operations decreased by 1.7% to 869.63 million.
