MediumPositive
Announced Wed, 8 Jul · 10:07 IST

Multibagger stock jumps over 4% after order win from RITES. Do you own?

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Silver Touch Technologies share price jumped over 4 percent in early trade after winning a significant order from state-run RITES Ltd for designing and implementing PARAKH, an AI-based Detailed Project Report Appraisal and Intelligence Platform. The deployment marks Silver Touch's transition into an AI-native platform company, with the system built on self-hosted Large Language Models running entirely within RITES' secure infrastructure. Silver Touch stock rallied as much as 4.88 percent to around Rs 189.90 on the BSE, with the counter up 160 percent over the past year.