Penny stock under ₹10: Silverline Technologies share price ended 4.90% higher at ₹8.57 apiece on the BSE on Thursday.(Image: Pixabay)AI Quick ReadSilverline Technologies share price will be in focus as the Indian stock market opens for trading on Monday, April 6, after the company decided to strategically pivot the focus of its Artificial Intelligence (AI) division towards high-impact global sectors.
Silverline Technologies said it will prioritize the development of advanced technologies in Cyber Warfare, Supply Chain Management, and Energy Management. The company also aims to build next-generation threat detection and defense systems designed to safeguard enterprise and state-level digital infrastructure against increasingly sophisticated cyber risks.
“The move is in response to the evolving macroeconomic landscape and shifting global geopolitical dynamics, the company will now focus its AI research and development efforts on building proprietary, high-impact solutions across the above critical global sectors,” said Silverline Technologies in a release.
In parallel, the company will deploy predictive AI models to enhance supply chain resilience, enabling enterprises to anticipate disruptions and optimize logistics amid global uncertainties. The company is also investing in intelligent energy solutions, focused on grid optimization, efficient resource allocation, and supporting the transition towards sustainable energy ecosystems.
“Silverline Technologies aims to strengthen its competitive positioning while unlocking new revenue streams. The Company is also upgrading its backend infrastructure to enhance scalability and performance, and assured stakeholders that services will resume with improved capacity and a seamless user experience,” said Yakinkumar Joshi, Managing Director and CFO, Silverline Technologies Ltd.
The company announced that following a sharp 45% surge in Daily Active Users on its primary digital platform, the same will undergo scheduled maintenance for 24–72 hours.
Silverline Technologies share price has crashed 56% in one month, and has dropped 1% on a year-to-date (YTD) basis. The penny stock has declined 49% in six months and 31% in one year.
On Thursday, Silverline Technologies share price ended 4.90% higher at ₹8.57 apiece on the BSE.
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