IT stock jumps 14% after company’s board to consider stock split
Alex Smith
3 months ago
Synopsis:- IT shares surged nearly 14% after a board meeting was scheduled on 16 January 2026 to consider a stock split. Q2 revenue rose 14% to ₹85.5 crore, profit jumped 70%, margins improved to 16.1%, and operations span 4,000+ projects globally.
The shares of this digital solution provider gained 14 percent in today’s trading session from today’s high after the board of the company scheduled a meeting to approve and consider a stock split.
With a market capitalisation of Rs 1,531.86 crore, the shares of Silver Touch Technologies Ltd were trading at Rs 1,208.00 per share, increasing around 9.53 percent & hitting its 52-week high of Rs 1,247 apiece, as compared to the previous closing price.
Stock Split Meeting
The shares of Silver Touch Technologies Ltd have seen bullish movement after the Board of Directors scheduled a meeting on 16th January, 2026 consider and approve the subdivision (stock split) of existing equity shares of the company, and to fix the record date for the same.
The company reported a solid Q2FY26 performance, with revenue increasing 14% from Rs 74.85 crore to Rs 85.52 crore. Net profit jumped sharply by 70%, rising from Rs 4.40 crore to Rs 7.46 crore, highlighting strong operating leverage, improved margins, and effective cost management during the quarter.
Silver Touch Technologies Ltd has shown clear operating improvement over the last one year. Operating profit increased from Rs 9.16 crore in Sep 2024 to Rs 13.80 crore in Sep 2025, reflecting stronger execution. OPM expanded from 12.24% to 16.14%, indicating better cost control, improved project mix, and rising operating efficiency.
Silver Touch Technologies has built a strong global footprint, delivering 4,000+ projects for over 2,000 clients worldwide. The company offers end-to-end IT solutions across digital transformation, cloud, analytics, automation, and emerging technologies. With a trusted presence among governments and enterprises, it maintains operations in India, the US, the UK, and Canada.
The partnership landscape highlights strong alliances across cloud, enterprise software, automation, cybersecurity, data, and AI ecosystems. These collaborations strengthen delivery capabilities, enable scalable digital transformation, and improve solution depth. By working with multiple global technology leaders, the company enhances credibility, speeds execution, and addresses the complex requirements of government and enterprise clients.
Silver Touch Technologies Ltd is an Indian IT services and digital transformation company serving governments and enterprises globally. It delivers solutions across e-governance, cloud, data analytics, automation, cybersecurity, and enterprise applications, with a strong execution track record and a growing international presence.
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