Day's Movers: These IT companies were among the sectoral gainers on October 13
On a day when most companies traded negatively, these three stocks gained at the bourses.
On October 13, as the D-Street exhibited weakness, benchmark indices closed in the red territory with Sensex down by 0.7 per cent or 391 points at 57235.33 and Nifty at 17,014 with a loss of 109 points or 0.6 per cent.
D-Link, Tanla Platform, Xchanging Solutions witnessed positive action in today’s session
The shares of D- Link (India) Ltd zoomed 6.98 per cent in today’s session and closed at Rs 185.45. The shares of the company logged intraday highs and lows of Rs 188.55 and Rs 172.25, respectively. A part of D-Link Corporation and one of the largest networking companies in India, D-Link will announce its Q2FY23 results on October 22.
Tanla Platform Ltd gained as much as 11.2 per cent in intraday trades as the board of Tanla Platform approved October 25, 2022, as the Record Date for the proposed buyback. The proposed buyback is for 14,16,666 fully paid-up equity shares of the face value of Rs 1 each to the company at Rs 1,200 per Equity Share through the tender offer process. In intraday trades, the stock logged highs and lows of Rs 871.70 and Rs 791.90 and closed at Rs 810.50 with a gain of 3.93 per cent.
Xchanging Solutions Ltd gained 5.27 per cent in today’s session and closed at Rs 82.95. The smallcap IT company logged intraday highs and lows of Rs 84.75 and 76.50. The company is a provider of technology-enabled business processing, technology and procurement services internationally to customers across many industry sectors.