June 12, 2025: Tanla share price Platforms Ltd., a key player in the IT Consulting & Software sector, witnessed a significant upward movement in its share price today, closing at ₹675.75 – marking a daily gain of 8.48%. The stock traded between an intraday low of ₹666.05 and a high of ₹702.05, reflecting strong investor interest and market momentum.
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The stock has delivered a 36.43% return in the past month and a robust 54.44% gain over the last three months, positioning itself as one of the top-performing smallcap stocks in the tech space. However, despite its recent rally, the stock remains well below its 52-week high of ₹1,086.05.
📊 Technical Picture: Momentum Building Near Key Levels
Today’s price action placed the stock just below its daily pivot point of ₹687.48, with resistance levels seen at ₹708.92 (R1), ₹723.48 (R2), and ₹744.92 (R3). On the downside, support lies at ₹672.92 (S1), ₹651.48 (S2), and ₹636.92 (S3).
The moving average indicators also suggest continued bullish sentiment:
- 5-Day SMA/EMA: ₹623.87 / ₹625.26
- 10-Day SMA/EMA: ₹617.99 / ₹616.08
- 20-Day SMA/EMA: ₹592.23 / ₹592.90
- 50-Day SMA/EMA: ₹524.03 / ₹554.67
- 200-Day SMA/EMA: ₹663.68 / ₹641.64
With the stock trading above all short- and medium-term averages, technical analysts are eyeing a potential breakout if momentum sustains above the ₹708 resistance.
📉 Long-Term View: Still Recovering from Correction
While recent short-term performance is impressive, Tanla’s 6-month and 1-year returns remain negative, down 3.56% and 29.49% respectively. Over a 3-year period, the stock is still down 43.27%, reflecting the correction following its pandemic-era rally.
However, its 5-year return of 881.15% demonstrates its long-term growth potential and ability to deliver multi-bagger gains when market conditions favor smallcap tech.
🆚 Sector Comparison: Outshining Heavyweights Like TCS
In contrast, Tata Consultancy Services (TCS), a benchmark large-cap in the same sector, has delivered lackluster returns:
- 1-month: -4.48%
- 3-month: -1.3%
- 6-month: -22.41%
- 1-year: -9.77%
This positions Tanla Platforms as a nimble and high-growth alternative in the IT sector, particularly appealing to investors with higher risk appetite.
📌 Conclusion: A Smallcap Tech Star Regaining Ground
Tanla Platforms’ recent momentum and improving technical outlook have caught the attention of market watchers. With the stock nearing key resistance levels and outperforming sector heavyweights in the short term, all eyes will be on whether it can sustain this rally – or even retest its 52-week highs in the coming months.
