Penny stock under Rs 10: This microcap company stock explodes on AI hub deal, do you have it?
The stock saw a spurt in volume by more than 4.28 times.
Investors in Panth Infinity Ltd are rejoicing after the company was awarded a contract by CONNEXA FZC to establish an Artificial Intelligence Hub in the UAE. The contract is a significant development for Panth Infinity and could help to boost its growth in the AI space.
This collaboration shows the merging of two creative forces to create an atmosphere that supports innovative technical developments, building on CONNEXA FZC's already strong position in the field of Artificial Intelligence. The deal between CONNEXA FZC and Panth Infinity is worth around Rs 74 crore.
The contract is a sign of the company's growing reputation and its commitment to the AI space. It also provides Panth Infinity with a major opportunity to grow its business and expand its reach.
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Investors are excited about the potential of Panth Infinity and the AI hub. They believe that the company is well-positioned to capitalize on the growing demand for AI solutions. They are also optimistic about the company's management team and its ability to execute its growth plans.
The creation of the AI Hub exemplifies their common aim of pushing technical growth, developing creative solutions, and catalysing societal transformation. This partnership is in line with Panth Infinity's fundamental objectives of pushing limits, promoting collaboration, and providing unrivaled value to its partners and stakeholders.
As a result, the stock of Panth Infinity hit the upper circuit of Rs 8.22 up by 0.39 points or 4.98 per cent from its previous close of Rs 7.83. The stock saw a spurt in volume by more than 4.28 times. The stock of Panth Infinity opened at Rs 8.15 today. The stock reached an intraday high of Rs 8.22 and a low of Rs 7.51.
Disclaimer: The article is for informational purposes only and not investment advice.