Announced Tue, 7 Jul · 17:16 IST
Silver Touch wins AI platform order from RITES, a Government of India Navratna Enterprise
Business Updates View source PDF
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
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+0.2-0.0+1.2+2.6+3.0-1.1+3.9+9.1+9.6+10.2————
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AI summary
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.
Likely market impact
Strategic government win for the company, but no order value disclosed. Marks shift to AI-native platform play. Could lift stock sentiment.