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Reading: AI inventory jumps 9% after receiving order from Govt of Andhra Pradesh for software program purposes
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StockWaves > Financial News > AI inventory jumps 9% after receiving order from Govt of Andhra Pradesh for software program purposes
Financial News

AI inventory jumps 9% after receiving order from Govt of Andhra Pradesh for software program purposes

StockWaves By StockWaves Last updated: November 20, 2025 4 Min Read
AI inventory jumps 9% after receiving order from Govt of Andhra Pradesh for software program purposes
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Contents
Motive Behind the SurgeAdditionally learn: 5 Shares That Have Just lately Migrated From SME to Mainboard to Carry on Your RadarFirm OverviewCurrent quarter outcomes

Synopsis: RNIT AI Options secured a ₹3.52 crore work order from the Andhra Pradesh Technical Schooling Board to develop and implement a web based Educational and NCVET monitoring system, together with deployment and three years of upkeep.

This penny AI inventory, engaged in delivering superior enterprise-level expertise options, together with synthetic intelligence, facial recognition methods, Web of Issues (IoT) platforms, knowledge analytics, and complete digital transformation providers, jumped 9.29 % after receiving a piece order value Rs. 3.52 crore from the Authorities of Andhra Pradesh.

With a market capitalization of Rs. 431.55 crores, the share of RNIT AI Options Restricted has reached an intraday excessive of Rs. 59.90 per fairness share, rising practically 9.29 % from its earlier day’s shut value of Rs. 54.81. Since then, the inventory has retreated and is at the moment buying and selling at Rs. 57.70 per fairness share. 

Motive Behind the Surge

Firm has acquired a brand new work order from the State Board of Technical Schooling and Coaching, Andhra Pradesh. The challenge includes growing and implementing a web based software program software to watch Educational and NCVET actions. It consists of full system improvement, deployment, integration, and post-implementation assist. 

The challenge is valued at Rs. 352 lakhs (Rs. 3.52 crore), is absolutely home and shall be accomplished in two phases, three months for improvement and implementation, adopted by three years of Operations and Upkeep providers. This marks an essential milestone for RNIT because it expands its digital AI options throughout the schooling and vocational coaching sector.

Additionally learn: 5 Shares That Have Just lately Migrated From SME to Mainboard to Carry on Your Radar

Firm Overview

RNIT AI Options Restricted was initially based in 1985 as Autopal Industries Restricted and is headquartered in Hyderabad, India. The corporate started its journey manufacturing automotive lamps and lighting merchandise. In early 2025, it underwent a significant rebranding to shift its focus towards cutting-edge expertise options, significantly synthetic intelligence and digital transformation.

At this time, RNIT AI Options operates on the forefront of tech innovation, specializing in AI-driven merchandise, knowledge analytics, the Web of Issues (IoT), and digital transformation providers for companies and authorities organizations. Its choices embrace custom-made options reminiscent of facial recognition methods, schooling administration platforms, well being division administration instruments, and open-source ERP software program.

The corporate’s flagship merchandise embrace the Actual-Time Identification Administration System (RIMS), the Schooling Administration System (EMS), and Faceify, an AI-powered HR platform designed for MSMEs. These options improve operational effectivity, safety, and digital functionality throughout sectors like schooling, healthcare, and small-to-medium enterprises.

Current quarter outcomes

Coming into monetary highlights, RNIT AI Options Restricted’s income has elevated from Rs. 7.14 crore in Q2 FY25 to Rs. 13.72 crore in Q2 FY26, which has grown by 92.16 %. The online revenue has additionally grown by 103.13 % from Rs. 1.60 crore in Q2 FY25 to Rs. 3.25 crore in Q2 FY26.

By way of return ratios, the corporate’s ROCE and ROE stand at 15.8 % and 25.1 %, respectively. RNIT AI Options Restricted has an earnings per share (EPS) of Rs. 1.19, and its debt-to-equity ratio is 0.13x.

Written By – Nikhil Naik

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