Aarti Pharmalabs shares rallied 3.3 percent to Rs 930.2 amid significant volumes on the NSE.
Stocks to Watch, 25 July: Stocks like Sun Pharma, eClerx Services, Indian Energy Exchange, Anant Raj, REC, Aether Industries, Larsen & Toubro, Torrent Power, Enviro Infra Engineers, GR Infraprojects, and Adani Enterprises will be in focus on July 25.
Tanla Platforms' board of directors approved a buyback of 20 lakh shares, around 1.5 percent of the total equity capital in the firm, at the price of Rs 875 apiece.
Stocks to Watch, 17 June: Stocks like NTPC, Godrej Properties, Axiscades Technologies, Zee Entertainment Enterprises, Tanla Platforms, ICICI Bank, IndiaMART InterMESH, Tata Consultancy Services, HCL Technologies, Mastek, Biocon, Vishal Mega Mart, Jainik Power Cables, Hindustan Zinc, and Shankara Building Products will be in focus on June 17.
Given supportive technical indicators and the easing of most concerns, the index is likely to gain momentum despite intermittent consolidation. Below are some short-term trading ideas to consider.
Stocks to watch, 13 May: Stocks like Raymond, Care Ratings, One 97 Communications Paytm, Kfin Technologies, Premier Explosives, Aether Industries, Sundaram Clayton, Northern Arc Capital, Motilal Oswal Financial Services, and Tanla Platforms will be in focus on May 13.
Stocks to Watch, 25 Apr: Stocks like SBI Cards and Payment Services, SBI Life Insurance Company, Aavas Financiers, Tanla Platforms, Nelco, RITES, Power Grid Corporation of India, Wipro, Bannari Amman Spinning Mills, Bharat Heavy Electricals, and Gujarat Industries Power Company will be in focus on April 25.
Stocks To Watch, Feb 21: Stocks like CIE Automotive India, Sanofi Consumer Healthcare, Delta Corp, Mahindra and Mahindra, Grindwell Norton, Keystone Realtors, HG Infra Engineering, Tanla Platforms, Samvardhana Motherson International, ITI, NTPC Green Energy, Tata Steel, and Narayana Hrudayalaya will be in focus on February 21.
The market may attempt a rebound after the four-day loss, but sustainability will be key. Below are some trading ideas for the near term.
Stocks To Watch, Jan 22: Stocks like Tata Technologies, Jana Small Finance Bank, KEI Industries, Rossari Biotech, Tanla Platforms, PNB Housing Finance, JK Tyre and Industries, Neuland Laboratories, Aditya Birla Fashion and Retail, Sobha, and Rikhav Securities will be in focus on January 22.
Higher cloud charges, increased employee costs, and rising marketing expenses weighed on Tanla Platforms' operating margins and bottomline, despite some comfort from forex gains.
Geojit is bullish on Tanla Platforms has recommended buy rating on the stock with a target price of Rs 1198 in its research report dated July 31, 2024.
Tanla Platforms stock has fallen 5 percent in the last one year. In comparison, benchmark Nifty rose around 27 percent during this period.
Experts expect the Nifty 50 index to take support at the 22,600-22,500 zone, and above these levels, there is a possibility of a resumption of the upmove towards the 23,000 mark. However, below 22,500, a sharp downward move can't be ruled out.