Panth Infinity gains on getting contract from CONNEXA FZC
Panth Infinity is currently trading at Rs. 7.93, up by 0.08 points or 1.02% from its previous closing of Rs. 7.85 on the BSE.
The scrip opened at Rs. 8.05 and has touched a high and low of Rs. 8.05 and Rs. 7.66 respectively. So far 22716 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 30.40 on 19-Aug-2022 and a 52 week low of Rs. 6.00 on 31-Mar-2023.
Last one week high and low of the scrip stood at Rs. 8.15 and Rs. 7.25 respectively. The current market cap of the company is Rs. 14.27 crore.
The promoters holding in the company stood at 9.92%, while Non-Institutions held 90.08% in the company.
Panth Infinity has been awarded a contract by CONNEXA FZC to establish an Artificial Intelligence Hub in the UAE, further solidifying its commitment to shaping the future of AI. Building upon CONNEXA FZC's already impressive presence in the field of Artificial Intelligence, this collaboration reflects the convergence of two visionary forces to create an environment that fosters groundbreaking technological advancements. The contract between CONNEXA FZC and Panth Infinity holds a remarkable value of around Rs 74 crore. Panth Infinity’s expertise in AI solutions will be leveraged to establish a state-of-the-art AI Hub, acting as a nucleus of innovation and excellence.
This partnership exemplifies a harmonious blend of CONNEXA FZC's existing AI expertise with Panth Infinity's pioneering capabilities, promising to redefine AI's role in shaping industries. The establishment of the AI Hub underscores its shared vision of driving technological evolution, creating innovative solutions, and catalyzing societal transformation. This collaboration resonates deeply with Panth Infinity's core values of pushing boundaries, fostering collaboration and delivering unparalleled value to its partners and stakeholders.
Panth Infinity is currently engaged in business of Precious Metals, Stones & Jewellery Trading.