Janmashtami Pick by Anil Singhvi: Buy this stock for over 60% return - Check details

Janmashtami 2024, Janmashtami Pick by Anil Singhvi: Janmashtami is being celebrated across the country today. On the occasion of this festival, Zee Business Managing Editor Anil Singhvi has suggested one stock to buy with a long-term perspective. 

Janmashtami 2024, Janmashtami Pick by Anil Singhvi: Market wizard Anil Singhvi said that Tanla Platforms is his Janmashtami Pick.

Janmashtami 2024, Janmashtami Pick by Anil Singhvi: For the uninitiated, Singhvi had recommended the stock on Diwali last year too.

Janmashtami 2024, Janmashtami Pick by Anil Singhvi: He said that stocks are at a good level and investors can again buy it.

Janmashtami 2024, Janmashtami Pick by Anil Singhvi: Tanla Platforms has top-class promoters. Singhvi said that the company is the market leader in cloud communications and has around 35% market share in Communications Platform as a Service (CPaaS). 

Janmashtami 2024, Janmashtami Pick by Anil Singhvi: The company provides SMS phishing solutions and is expected to benefit from it. "The company has made some acquisitions and is likely to witness growth," Singhiv said.

Janmashtami 2024, Janmashtami Pick by Anil Singhvi: The company is debt-free and has positive cash flow. It has over Rs 757 crore cash balance sheet. 

Janmashtami 2024, Janmashtami Pick by Anil Singhvi: Anil Singhvi said that investors should do SIP in every 10 per cent.

Janmashtami 2024, Janmashtami Pick by Anil Singhvi: Singhvi said that people should buy this stock for 1-2 years with targets of Rs 1,250, Rs 1,400 and Rs 1,500. The counter had closed at Rs 915.35 in the last trading session. From here, it can give over 60 per cent return to investors.