Announced Tue, 7 Jul · 16:56 IST
Silver Touch wins AI-native DPR appraisal platform order from RITES
SILVERTUC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.0%1-day move
₹181.00
prior close
₹184.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2-0.0+1.2+2.6+3.0-1.1+3.9+9.1+9.6+10.2————
Up moveDown movePending
AI summary
Silver Touch won an order from RITES Limited (a Government Navratna enterprise) to build PARAKH, an AI-native platform for appraising Detailed Project Reports in infrastructure. Uses three self-hosted AI models on NVIDIA A100 GPUs at RITES' data centre, with 500 plus engineering validation rules across eight infrastructure domains. Won through GeM portal via competitive QCBS. No contract value disclosed.
Likely market impact
No contract value disclosed. Win establishes Silver Touch as an AI-native platform player, creating a referenceable government order for future PSU business.