Smallcap IT Company Partners with Microsoft to Build AI Solutions Through Copilots; Stock Rallies 20 Per cent Today and Hits Upper Circuit!
The company’s shares have delivered an impressive return of over 780 per cent to its shareholders.
This Small-Cap company is a global leader in Digital Technologies, Digital Operations, and Digital Experiences, is driving business transformation by enabling enterprises to leverage advanced digital technologies to enhance productivity, customer experience, and competitive advantage.
Datamatics has partnered with Microsoft to create its own Copilot solutions, with a focus on process automation. As part of this collaboration, it has launched a Partner Onboarding Copilot, now available on the Microsoft Teams store, which integrates Azure OpenAI with the Datamatics Intelligent Automation Platform.
This innovation earned Datamatics recognition as one of the ISVs developing custom Copilot solutions, with a notable feature at the Microsoft Build 2024 conference in Seattle, USA, and a mention in a blog by Merav Davidson, Vice President of Industry AI at Microsoft. Datamatics continues to advance its Copilot solutions by offering customized services tailored to the needs of each organization, whether through support for Microsoft 365 or by creating bespoke Copilot solutions for individual clients.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
This approach maximizes the potential of Copilot technology by providing a personalized, consultative experience. Additionally, as a recognized partner in the Copilot Partner Ecosystem, the company is furthering its collaboration with Microsoft by participating as a beta partner in Microsoft's private preview Copilot initiatives, specifically designed for the developer community.
At the start of the day's trading session, the shares of Datamatics Global Services Ltd opened at Rs 569.90 per share, compared to the previous day's closing figure of Rs 561 per share on the BSE. Finally, the shares closed at Rs 673.20 per share. The stock has rallied 20 per cent today and hit the upper circuit, reflecting strong demand in the market. The company's current market capitalization stands at Rs 3973.88 crore.
Check out my recent article here.
Investors must keep this small-cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.