{"id":101193,"date":"2023-04-17T13:00:00","date_gmt":"2023-04-17T07:30:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=101193"},"modified":"2023-04-17T12:40:25","modified_gmt":"2023-04-17T07:10:25","slug":"mid-cap-stock-gains-up-to-9-amid-weak-market-check-the-reason-here","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/mid-cap-stock-gains-up-to-9-amid-weak-market-check-the-reason-here\/","title":{"rendered":"Mid cap stock gains up to 9% amid weak market; Check the reason here"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2748545870\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of Tanla Platforms were in the green on Monday\u2019s early trades in an otherwise weak market. Its shares climbed 9.12% to reach an intraday high of \u20b9 682.45 apiece on the National Stock Exchange (NSE) after the company said that its board would consider and approve the financial statements and recommend final dividend, if any, for the financial year ended March 31, 2023.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2716205122\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/TANLA\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Tanla Platforms<\/a><\/strong> is a cloud communication provider. It primarily provides application-to-person (A2P) messaging and develops and delivers technology products to meet the needs of a diverse clientele. Its products include Wisely and Trubloq.\u00a0<\/p><p>At 11:45 AM, its shares were trading 6.88% higher at \u20b9 668.00 apiece on the NSE. They gained 19.23% in the past five days.&nbsp;<\/p><p>According to an exchange filing, the company\u2019s board of directors will hold a meeting on Wednesday, April 26, 2023, to consider and approve the audited financial results of the company for the quarter that ended March 31, 2023, In addition, it will recommend final dividend, if any, for the financial year ended March 31, 2023.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-141574555\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The earnings call for discussing the company&#8217;s audited financial results for the quarter and financial year ended March 31, 2023, will be held at 04:30 PM on Thursday, April 27, 2023.&nbsp;<\/p><p>Tanla Platforms is a small-cap company with a market capitalization of \u20b9 8,405 crores. It has a very high return on equity of 48.00% and an ideal debt-to-equity ratio of 0.03. Its shares were trading at a price-to-earnings ratio of 18.14, which is significantly lower than the industry average, indicating that the stock might be undervalued.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Simran Bafna&nbsp;<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1983709054\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of Tanla Platforms were in the green on Monday\u2019s early trades in an otherwise weak market. Its shares climbed 9.12% to reach an intraday high of \u20b9 682.45 apiece on the National Stock Exchange (NSE) after the company said that its board would consider and approve the financial statements and recommend final dividend, if [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":69898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[8556,8557,6562,936,3153,3157,8553,4575,8551,8552,4449,8555,8554],"class_list":["post-101193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-small-cap-it-stock","tag-small-cap-it-stock-jumps-9","tag-small-cap-it-stocks-to-buy-now","tag-stock-market-news","tag-stock-to-buy","tag-stock-to-watch","tag-tanla-platforms-jumps-9","tag-tanla-platforms-news","tag-tanla-platforms-q4-results","tag-tanla-platforms-results-2023","tag-tanla-platforms-share-price","tag-what-is-the-future-of-tanla-platforms","tag-why-is-tanla-platforms-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mid cap stock gains up to 9% amid weak market; Check the reason here - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The company is a cloud communication provider. 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