Colab Platforms touches roof on the BSE
Colab Platforms is locked its upper circuit at Rs. 102.67, up by 2.01 points or 2.00% from its previous closing of Rs. 100.66 on the BSE.
The scrip opened at Rs. 102.67 and has touched a high and low of Rs. 102.67 and Rs. 102.67 respectively. So far 271499 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 2 has touched a 52 week high of Rs. 102.67 on 04-Apr-2025 and a 52 week low of Rs. 10.83 on 07-Oct-2024.
Last one week high and low of the scrip stood at Rs. 102.67 and Rs. 96.76 respectively. The current market cap of the company is Rs. 1047.23 crore.
The promoters holding in the company stood at 33.88%, while non-institutions held 66.12% stake in the company.
Colab Platforms has forayed into the Rs 50,000 crore rapidly growing Predictive Gaming Market. This move aligns with company’s long-term vision to drive innovation and diversify its digital offerings, further strengthening its position in the evolving digital engagement landscape. The company is leveraging its expertise in sports technology to diversify into the Predictive Gaming market. This strategic move positions the company to compete with established players like Real 11, Probo, Sports Baazi, and MPL Opinio.
The platform will feature advanced analytics and interactive interfaces to enhance user engagement. To maintain trust and transparency, the company will strictly adhere to regulatory requirements, creating a secure and compliant environment for users. The Predictive Gaming market operates on a transaction-fee-based revenue model that offers high scalability and profitability. With India’s Predictive Gaming ecosystem still in its growth phase, the company aims to capitalize on first-mover advantages, positioning itself as a key player in this emerging sector.
Colab Platforms (formerly known as Colab Cloud Platforms) is mainly engaged in Trading in Shares & Securities. It also engaged in Computer Hardware and Software Processing Jobwork.
