Tanla Share fell 10% again in August.

Tanla solutions share price reduced from 787 to 710 from August 02 to August 22nd. In 20 Days, it saw a 10% decline as investors feared of rise of war situations and Western economic depression. The CPAAS leader in Indian IT software field also got the Indian patent for a CPAAS new software recently and announced that it is strong on future assignments. Tanla share price fell down to almost 695 in July last week but just rose to 700+ in 2 days giving boost to it’s investors. But it fell shockingly back to 710 by August 22 proving it the Most Volatile IT share in the Market.

Tanla solutions is a Hyderabad IT firm prominently works in Messaging systems and is a leader in CPAAS technology. Q1 results have not been so satisfactory but experts say the Q1 results are supposed to be like that and also due to operational headwinds the expense became high but the coming quarters are surely to see some good results.

Reason for decline in Tanla shares is surely the short term sellers as the share price is not far from the 52 week low and also the experts are forecasting that it would surely touch some where 1000+ by the year end. However, in general the stock market experts are not so keen about the performance of IT stocks. Hence, the short term gain lookers are preferring to sell off the shares.

Is Tanla a good buy ?

Tanla solutions has a history of touching 2000+ and gave good returns to the investors. However, it is observed that the share price started falling 2 days before quarter results announcement. Many netizens expressed it as some inside trading news being leaked for this sudden downfall.

However, with strong fundamentals of the company and being leader in the market. The IT shares expected to grow 30-40 % in the near future.

Yes securities and other advisors have a positive impact on this IT share and expects it to cross 1000 by year end.