Share market experts say that if you want to earn a lot of money, bet on the right stock and keep a long-term holding on it. There are many stocks which have made their investors millionaires in 8 years and 10 years. One of these stocks is communications company Tanla Platforms shares are under pressure today, but in the long term this stock has given strong returns to its investors. This stock has made long term investors millionaires. In 10 years, this stock has made people who invested 25 thousand rupees into millionaires.
Tanla Platform shares
Multibagger Stocks: There are such multibagger stocks in the stock market that make you a millionaire. Such stocks are very difficult to find and those who find such stocks become rich. Today we are going to tell you about the shares of one such company Tanla Platform shares, whose share has increased from Rs 3.05 to Rs 1220.
On July 26, 2013, shares of Tanla Platform Company were trading at Rs.3.05, which now closed at Rs.1220 on Friday, July 28, 2023. If a person had invested even 25,000 rupees in this stock 10 years ago, its value would have gone up to crores of rupees now.
On Friday, shares of the Tanla platform rose 0.44 percent, with shares trading at Rs. closed at 1,220. On July 26, 2023, the shares of the company were Rs. was at 3.05, which has now crossed the 1200 mark. If an investor had invested even Rs 25,000 he would have become a millionaire by now.
Along with this, the company’s shares have given good returns to the investors even in the short term. On March 27, the share of Tanla Platform was at Rs 506, which has reached the level of Rs 1220 in just 4 months.
After March, buying in shares of Tanla Platform increased and in 4 months, the stock rose 160% to Rs.1317.70 on July 24. After this the rally in the stock slowed down a bit and the stock closed lower at 1220 on July 27. Seeing the decline in this stock, experts said that now they have a golden opportunity to buy this share.
About the company
Tanala Platform Company deals in developing computer software. Along with this, the company provides messaging, Internet, voice and other cloud communication solutions. The company develops and delivers products and also works on advanced technologies. According to the information received from the exchange, most of the shares of this company are held by the public.
The stock closed at Rs 1,220 with a modest gain of 0.44 per cent on Friday. Shares of Tanla Platforms were trading at Rs 3.05 on 26 July 2013, but have now crossed the Rs 1,200 mark. That is, if an investor had bet 25 thousand rupees on this stock then, he would have become a millionaire today. However, Tanla Platform shares have given bumper returns to its investors even in the short term. The stock was at its one-year low of Rs 506 on March 27 this year.
The stock picked up after March and jumped 160 percent in 4 months to touch its one-year high of Rs 1317.70 on July 24, 2023. The stock then slowed due to profit taking and it crashed 5 percent in just 2 days. Domestic brokerage farms have been turning the decline in the shares of the Tanala platform into an opportunity for investors. He says that this is a golden chance to invest in this stock.
In the June quarter, Tanla grew at a rate of 9.3 percent on a platform revenue basis. It is the highest growth in the last 7 quarters. In the quarter of June, the company has achieved a revenue of Rs 916.17 crore. Meanwhile, the profit of Tanla platform has risen by 12.57 percent to Rs 135.40 crore. Tanala Platforms develops computer software. Apart from this, the company develops and delivers advanced technology and products. According to the figures available on the exchange, the majority shares of the company are held by the public.
In the year 2012, the share price was only 6 rupees
On October 26, 2012, the price of one share of the company was Rs 6.10. On Friday (October 28, 2022), the share price of the company has increased to Rs 740. That means the return of investors who would have invested 1 lakh rupees 10 years ago would have increased to 1.20 crore rupees today. That means this stock has given very good returns to the investors for long term.
The company’s shares were listed in the year 2007
It is worth mentioning here that during the last fifty-two weeks, the share price of this company reached Rs 2096 at one stage. And the fifty-two week low price was Rs 584.50.
The past year has not been good for investors, with the Tanala platform’s share price collapsing as much as 39 percent. When talking about the period of the year 2022, its price has fallen by 59.77 percent.
Investors who would have invested in this company 6 months ago would have seen their investment funds drop by a whopping 47 percent. However, if we talk about the period of last 5 years, during this period the investor in the company has got very good profit. In these five years, the share price of Tanla Platform has increased by 2212 percent.
This stock has given 18,823 per cent return since 2014. It still has a buy recommendation. If you have ever received SMS from your bank, e-commerce platform or delivery services, there is a high chance that Tanla is driving some of these communications. Presently this share is at Rs.1214. But the target for this is Rs 1,850.
Tanla’s stock, which gave 80% profit in 3 months, crossed the figure of 1200
Tanla Platform shares are moving very fast these days. Due to which the stock of Tanla platform has crossed the mark of 1200. Tanala Platform shares have given its investors 80% profit in just 3 months. Due to which the investors are getting very good profit. If we talk about today’s stock price of Tanla Platform, today price per share of Tanla Platform is Rs. Running around 1240.00. Same thing when the stock market closed yesterday.
At that time, the per share price of Tanla Platforms was close to Rs.1239.40. That means the share price has increased slightly today compared to yesterday. And this increase is considered to be 0.05 percent. By the way, if seen, Tanala Platform shares have given strong returns to their investors over the past several years. This company has given its investors a profit of 110% in a year and up to 23% in a month. And today, due to this kind of boom, the Tanla platform stock has crossed the 1200 mark.
Conclusion
Investing in the stock market requires as much capital as it does patience. It has been observed many times that many companies have not been able to give very good returns to the investors in the short term, but in the long term these companies have given very good returns to the investors.