NSE Investments holding a substantial 20.36 per cent stake in the stock. The company has adapted to technological advancements through continuous investments and possesses domain knowledge across various industries, enabling the development of functionalities tailored to the specific needs of end-users, businesses, and public entities.

The stock is up by 50 per cent from its 52-week low of Rs 144 per share.

The overall market sentiment remains negative, with 1,097 stocks advancing compared to 2,703 declining.

Shares of the company gained more than 40 per cent in the last six months.

From Rs 0.74 per share to Rs 2.34 per share, the stock gave multibagger returns of over 200 per cent from its 52-week low till today’s intraday high.

The stock gave multibagger returns of 150 per cent in just 1 year and a whopping 4,400 per cent in 3 years.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 640.57 points or 0.90 per cent.

The subsidiary, NuRe Bharat Network Limited, a joint venture with RailTel, has successfully implemented the technology required to monetize the WiFi platform through advertisements. By targeting large public sector companies, existing enterprise customers, and individual retailers, the company is gaining traction rapidly. Advanced discussions with large PSUs are underway, and deals are expected to be announced soon. 

These initiatives will propel the company's total capacity to 1 million tonnes by the end of FY25.

The Nifty 50 put call ratio (PCR) closed at 1.04 for the day. A PCR above 1 is considered bullish while a PCR below 1 is considered bearish.