Shares of Collab Platforms hit the upper circuit of 2% on Monday. This small-cap stock continued its upward trend for the 14th day in a row.
With this, the stock reached an intraday high of ₹39.08. Over the last 14 trading sessions, the stock has gained a total of 52%.
This rise came after the company announced its entry into the billion-dollar esports market, aiming to transform the future of digital sports in India.
The company is working on a competitive gaming platform designed for India’s tech-savvy, digital-first youth.
What Did the Company Say?
Punit Singh, Managing Director of Kolab Platforms Ltd, said, “Gaming is no longer just a hobby—it’s becoming a real career option, a way to earn, and a strong cultural trend.”
He also mentioned that with over 594 million gamers in India, the upcoming Olympic Esports Games,
and increasing institutional support, the esports sector presents a big growth opportunity that hasn’t yet received enough funding.
Company’s Business Focus
Collab Platforms offers advanced tech solutions across various industries. The company uses its deep understanding of modern technologies to drive growth
and improve the user experience. It is focused on delivering customized, tech-based processing solutions that help clients achieve their goals and go beyond expectations.
