Silver Touch wins AI platform order from RITES, a Government of India Navratna Enterprise
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.9 pts more than Nifty Microcap 250 and 5.9 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Silver Touch has won an order from RITES Limited, a Government of India Navratna Enterprise, to build PARAKH, an AI platform for appraising infrastructure project reports. It will use three self-hosted large language models and 500+ engineering rules covering railways, highways, ports, airports, and metro. Secured via the GeM portal after a competitive QCBS process. The company calls it significant. No monetary value disclosed.
Strategic government win for the company, but no order value disclosed. Marks shift to AI-native platform play. Could lift stock sentiment.