Tanla AGM is on 26th August 3PM - https://www.bseindia.com/xml-data/corpfiling/AttachHis/e15ded3b-4317-476d-baf4-dd13fd99efb5.pdf
There seem to be a number of investors with large positions in Tanla who have borne the brunt of the price drawdown in the last few months. I would urge them to register themselves for asking questions to Management (You can register between 24 Aug and 25 Aug by sending your questions via email, detailed instructions in photo below)
If there is one most important question investors should ask for the near term, in my opinion, it is this one - "Have enterprise business gross margins increased from the 16% low of Q1 in July-Aug or are they still trending in the same range or even lower?"
This is the single most important question for the moment. If Enterprise GMs further go below 16% this Q, then I won’t be surprised to see the stock breach the 52W lows of 585 and move towards 500 (Yes, this may not be a concern for an investor with a 3Y horizon from now as this would likely be an over-reaction by the market, but what about your opportunity cost?). Price action has led fundamental news triggers in Tanla as it does in many stocks. So I am sure, if we don’t get an idea about the GM movement in the AGM, price action will lead Quarterly results one way or the other.
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