Tanla Platforms share price declines 7% to 1 year lows post Q3 results as net profit dips 15% year on year
Stock Markets Today: Tanla Platforms Ltd share price declined more than 7% in the morning trades on Wednesday to 1 year lows (52-week lows) post Q3 results that were declared b the company after the market hours on Tuesday. As net profit dipped 15% year on year, the dividend announcement failed to support investors sentiments
The Tanla Platforms share price opened at ₹650.95 on the BSE on Wednesday, more than 2% lower than the previous close of ₹664.80. The Tanla Platforms share price thereafter declined further to intraday lows of ₹618.05 , translating into more than 7% decline. The intraday lows hit by Tanla Platforms share price also happened to be 1 year or 52 week lows for the stock.
Tanla Platforms Q3 Results: The company’s…
