India's Tanla Platforms up on plans to launch anti-phishing tech

Tanla Platforms

16/02/2023 05:38

** Shares of Tanla Platforms  TNSL.NS  jump as much as 9.96%
to 664.4 rupees, their highest since Feb. 1
    ** Report sharpest intraday gain since Nov. 28 
    ** On track for second consecutive week of gains, if trends
hold
    ** Cloud communication provider says it will launch an
anti-phishing technology platform at the Mobile World Congress
in Barcelona, Spain, on Feb. 27 
    ** Stock remains below its 50-, 100-, and 200-day moving
averages, indicating bearish pattern
    ** More than 1.38 million shares change hands, as of 10:45
a.m. IST, 6.1x 30-day average 
    ** Stock down 15.4% YTD as of last close, after falling
62.1% last year
 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com;))