Tanla Solutions hits new 52-week high

Tanla Solutions has hit new 52-week high on December 9. The scrips are witnessing high volume with thirty day SMA of 40.85. The shares of the company which previously closed at Rs 49.95; opened at Rs 51.50 and as at 9.52 am are trading at Rs 57.35, up by 14.81 per cent.

The company is the market leader in A2P messaging worldwide. The shares of the company in the last three months have rallied over 56 per cent. In the last six months, the scrips have given a return of 75 per cent.

The Q2 results of the firm are excellent. Net sales stands at Rs 108.21 crore which has increased by 38.68 per cent. PBIDT has increased by 42.96 per cent and stands at Rs 4.71 crore. PAT of Tanla Solutions stands at Rs 1.4 crore, which has fallen by 19.20 per cent as compared with the corresponding quarter of the previous fiscal.