Cloud With A Silver Lining: How Tanla Platforms Yielded 13,990% Returns In 11 Years
Imagine, if you had invested ₹1 lakh in in November 2012, it would have become a whooping ₹1.33 crores today. Investors enjoy 13,390% returns on this multibagger. Let’s take a sneak-peek at the company over the years.
💻 Stock Name: Tanla Platforms
💻 NSE: $TANLA
⭐ About The Company
Tanla Platforms is a cloud communications company which was founded in 1999 by Dasari Uday Kumar Reddy as a bulk SMS provider for small and medium businesses. Previously known as Tanla Solutions, the company is headquartered in Hyderabad and is a pioneer in providing integrated technology solutions for the wireless industry.
🌎 Wide Reach
The company has an influential client base, providing cloud-based services to conglomerates like Reliance, Airtel, Essar and Hexacom. The company provides its services internationally, providing networking Solutions to clients in the USA, Singapore and Ireland.
The company has a wholly-owned subsidiary called Mobixar that connects Tanla Platforms to all UK networks, providing a range of telecommunications services.
Tanla Platforms aims to eliminate its earning footprint by 2025 and plant 25,000 trees in the next two years. Expansion plans include widening its vast cloud network to be the most extensive and flexible organisation.
💰 Stock Value
💵 On Nov 19, 2012, the shares of the company were trading at ₹5.50, while they were priced at ₹742 as of November 18, 2022.