‘This’ share bounces in the market, a big benefit for investors! A direct jump of 105% from Rs.17
- Silverline Technologies Share on the upper circuit
- Tremendous growth due to TrueLedger Technologies investment
- Trust in policies related to Artificial Intelligence (AI).
Silverline Technologies Share: Shares of Silverline Technologies locked on the upper circuit of 5% on Wednesday, February 18, and has shown a whopping 105% month-to-month volatility, giving investors a strong boost in profits. This boom is becoming a topic of discussion in the overall stock market along with the company.
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Why the consecutive rise in the share?
Silverline Technologies Ltd. It is a SMALL CAP IT software company, whose stock market is witnessing strong growth in short term. The increase is said to have come after the company’s board approved in-principle a notional investment of Rs 80 crore from TrueLedger Technologies FZE. Under the proposed deal, TrueLedger will acquire a 20 percent equity stake in the company. Due to this news, enthusiasm is seen among the investors. On BSE, the stock touched an intraday high of Rs 17.79, while it touched a low of Rs 17.78. The stock has gained more than 105% since the beginning of 2026. This strengthens the trust in the company.
What are the details?
Based on this proposal, the post money valuation of the company is Rs 400 crore. Market analysts believe that this valuation reflects confidence in the company’s future growth prospects, particularly in its Artificial Intelligence (AI)-related strategies. 80 crore capital will substantially strengthen the company’s balance sheet, accelerate new projects and support technology driven initiatives.
What is the role of the company?
Yakin Joshi, Managing Director and CFO of the company said that this investment is an important step towards the company’s long-term strategy. According to him, this will only help increase shareholder value as well as provide an opportunity for the company to move towards scalable and sustainable growth. The Board has empowered management to discuss and finalize a broad and non-binding term sheet. This term sheet will also include commercial terms, governance framework, valuation principles and other relevant terms.
To gain a foothold in the AI space, the company recently launched a web-based intelligent chat and productivity platform called Silver AI. The company claims that the platform provides users with a simple and intuitive interface that increases the speed of work.
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