RNIT AI Solutions jumps on securing paid pilot work order from Government of Meghalaya
RNIT AI Solutions is currently trading at Rs. 56.42, up by 0.96 points or 1.73% from its previous closing of Rs. 55.46 on the BSE.
The scrip opened at Rs. 56.50 and has touched a high and low of Rs. 57.49 and Rs. 54.10 respectively. So far 192514 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 71.00 on 11-Nov-2025 and a 52 week low of Rs. 37.00 on 20-Jan-2026.
Last one week high and low of the scrip stood at Rs. 58.01 and Rs. 49.66 respectively. The current market cap of the company is Rs. 448.68 crore.
The promoters holding in the company stood at 72.28%, while Institutions and Non-Institutions held 0.06% and 27.65% respectively.
RNIT AI Solutions has received a paid pilot work order from the Government of Meghalaya for ‘Integration of RNIT AI Solution - Face Recognition System with Meghalaya ONE and CM Connect applications.’
This engagement marks the company’s entry into a new State and forms part of its focused expansion into the North East Region, strengthening its footprint in delivering AI-driven Citizen Centric Services for Government platforms. The assignment has been awarded for a defined scope and volume under a pilot to rollout structure involving integration of the company’s AI-based Face Recognition System with the specified Government applications. Upon completion of the proof of concept, further rollout across the State shall be subject to the terms of the Wok Order.
The work order has been awarded under Tier-1 of a paid pilot structure for a defined scope and volume. The Work Order provides for progression to higher Tiers upon successful completion of the proof of concept.
