India's Tanla Platforms partners with Vodafone Idea, shares jump

Tanla Platforms

07/12/2021 06:02

** Shares of Indian cloud-based communications provider
 TNSL.NS  up as much as 5% to hit an upper circuit at 1,675.25
rupees 
    ** TNSL marks biggest intraday pct gain since Dec. 3, in its
third straight session of gains
    ** Co says https://bit.ly/3orokgK it has partnered with
telecom operator Vodafone Idea Ltd  VODA.NS  to deploy
block-chain enabled platform to provide secure, encrypt and
enhance performance for the entire international messaging
traffic on Vodafone Idea's network
    ** Co says partnership is centred on Wisely, a cloud-based
platform co-developed with Microsoft     
    ** More than 433,700 shares traded by 0540 GMT, 0.9 times
their 30-day avg of over 463,000 shares 
    ** As of last close, TNSL had risen 136.76% this year vs a
43.82% gain in the Nifty IT index  .NIFTYIT  

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))