Shares of penny stock Silverline Technologies Ltd. rose by 5% today after an important announcement by the company. The stock, priced below ₹10, announced the launch of its new AI-based web platform called Silver AI on February 2.
On Monday, the stock opened at ₹9.95 on the BSE and started trading with a 5% gain.
What is Silver AI Platform?
Silver AI is an artificial intelligence-based platform that offers a conversational and assistive interface. It is designed to support productive and knowledge-based work.
The platform works like a chat-based system and helps organizations manage tasks and workflows more efficiently.
Share Performance and Key Details
Silverline Technologies’ share price has declined by 35% over the past one year. Investors who held the stock for three months have faced a loss of 15%.
However, the stock has shown strong short-term growth, gaining 27% in just one week. The stock’s 52-week high is ₹20.75, while its 52-week low is ₹7.42. The company’s market capitalization is ₹155 crore.
