Tanla Platforms to consider share buyback next week
The shares of Tanla Platforms jumped 4.25% after the company said it would consider a proposal for buyback on Thursday, 8
Tanla Platforms to consider share buyback next week
The price increased from 752 points to 759 pence per share during this time period which is an increase greater than 2%.
As on 30 June 2022, the IT software company's consolidated net profit dropped 3.9% to Rs 100 crore
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with a 27% increase in sales over last year - it seems like things are looking up!
With more than 800 billion interactions annually and 63% of India's A2P SMS traffic processed
through its distributed ledger platform, Tanla Platforms is one of the world’s largest CPaaS players.
The board of directors at Tanla Platforms will meet next week on Thursday,
The shares jumped more than 4% in afternoon deals after the announcement
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and closed out today's trade higher by nearly 3%.
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