Mid-day Movers: Varroc Engineering, Tanla Platforms and Mahindra Logistics are the top gainers of BSE 500!

With the earnings numbers driving a few stocks, shares of Varroc Engineering, Tanla Platforms and Mahindra Logistics have rallied more than 7 per cent in today’s trading session.

While markets opened marginally higher, as of 12.30 PM, BSE 500 was 1.13 per cent up.   

Varroc Engineering zooms more than 7 per cent   

This small to mid-size auto parts manufacturing company, Varroc Engineering has rallied more than 7 per cent in the first half of today's trading session. This action is due to a sequential improvement in Q3 numbers. On QoQ revenue grew 3.4 per cent, and EBITDA margins improved by 220 bps. 

Tanla Platforms gained more than 8 per cent   

This mid-size cloud communication provider company, Tanla Platforms gained more than 8 per cent in the first half of the trading session. It has been in a downtrend for the past one month, declining more than 25 per cent from Rs 1,958 on January 17, 2022, to Rs 1,451 on February 14, 2022. 

Mahindra Logistics jumps more than 7 per cent    

This small-cap supply chain service provider Mahindra Logistics has got good upward momentum in the first half of today's trading session. In the last 20 days, that is post result share has declined more than 35 per cent from Rs 659 on January 27, 2022, to Rs 426 on February 14, 2022.