Tanla Platforms zooms 6% on high volumes, stock up 25% in a month
Tanla Platforms has surged 57 percent in the past one year, outperforming the benchmark Nifty which gained 20 percent during the period
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Tanla Platforms has surged 57 percent in the past one year, outperforming the benchmark Nifty which gained 20 percent during the period
Hyderabad, Nov 13 (IANS) Gaddam Vivekanand of Congress party is the richest candidate in the fray for November 30 election to the Telangana Assembly with declared family assets of more than Rs 600 crore.
Tanla Platforms revenue for the second quarter surged 18.5% on year to Rs 1,008.60 crore, marking the first quarter where the topline crossed the Rs 1,000-crore mark. The rise in topline was aided by a 7% growth in organic revenue and 27% in the digital platforms segment.
The company has sought 30 days to clear the spectrum payment, the company is also gearing up to clear the licence fee payment by September.
Tanla plans to end its partnership with Vodafone Idea in November this year, impacting revenue and profit.