Bengaluru, Feb. 18 -- During Wednesday's trading session, shares of an Information Technology company that is engaged in delivering enterprise software solutions, digital transformation, and technology consulting services across global markets, hit a 5 percent upper circuit after it announced a proposed strategic investment of up to Rs 80 crore by UAE-based Trueledger Technologies FZE, along with strong traction for its newly launched AI platform, Silver AI.

With a market cap of almost Rs 300 Cr, Silverline Technologies Ltd saw its stock hit the upper circuit with an intraday high of Rs 17.8 which is 5 percent higher than the previous close of Rs 16.9.

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Silverline Technologies Ltd's board has approved, in principle, a p...