{"id":143806,"date":"2025-01-29T15:33:59","date_gmt":"2025-01-29T10:03:59","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=143806"},"modified":"2025-01-29T16:50:18","modified_gmt":"2025-01-29T11:20:18","slug":"it-stock-jumps-8-after-it-partners-with-global-web3-and-ai-incubator","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-it-partners-with-global-web3-and-ai-incubator\/","title":{"rendered":"IT stock jumps 8% after it partners with global Web3 and AI incubator"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2488524392\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of Micro-cap Software solutions provider jumped up to 8%, reaching an Intra-day high of Rs 256 per share on Wednesday\u2019s trading session after the company announced its partnership with Web3 and AI incubator.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2989799429\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Share Price Movement<\/strong><\/h2><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/SYSTANGO\" target=\"_blank\" rel=\"noreferrer noopener\">Systango Technologies Ltd<\/a><\/strong> with a market capitalization of Rs 365 Crores, was trading around Rs 253 per share, 6.8% higher than its previous close of Rs 236.70 as of 2:00 PM, Wednesday.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Reason for the Rise<\/strong><\/h2><p>In its update on January 29, 2025, Systango Technologies Ltd announced a partnership with a global Web3 and AI incubator, a leader in venture building specializing in blockchain and AI technologies.&nbsp;<\/p><p>The incubator focuses on helping startups and enterprises design, launch, and scale blockchain and AI solutions by providing strategic guidance, resources, and expert support. Systango will contribute as a technology consultant, offering product and engineering delivery services to the incubator&#8217;s cohort companies.<\/p><div class=\"trade-content_5\" id=\"trade-3625570295\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>This partnership is a significant step in enhancing Systango&#8217;s presence in the blockchain, AI, and venture incubation sectors. It reinforces their position as innovators and experts in these fields, enabling them to deliver impactful solutions and drive growth through this collaboration.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials<\/strong><\/h2><p>The company\u2019s Net profits rose by 19%, from Rs 8.14 Crores in H1FY24 to Rs 9.7 Crores in H1FY25, and its Revenue from Operations grew by 7%, from Rs 27 Crores to Rs 29 Crores during the same period. The company is yet to announce its Q3 results.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About Systango Technologies Ltd<\/strong><\/h2><p>Systango Technologies Ltd, established in 2007, is a publicly traded digital engineering services company, that excels in agile solutions and timely deployments, enriching digital ecosystems with value. From envisioning solutions to engineering robust software, Systango navigates the entire product lifecycle, ensuring excellence in every phase. It has a global presence by serving UK, USA, and Indian clients.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Adhvaitha Nayani&nbsp;<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any los<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1672083326\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of Micro-cap Software solutions provider jumped up to 8%, reaching an Intra-day high of Rs 256 per share on Wednesday\u2019s trading session after the company announced its partnership with Web3 and AI incubator. Share Price Movement Systango Technologies Ltd with a market capitalization of Rs 365 Crores, was trading around Rs 253 per [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":111982,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31,13525],"tags":[],"class_list":["post-143806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IT stock jumps 8% after it partners with global Web3 and AI incubator - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of Micro-cap Software solutions provider jumped up to 8%, reaching an Intra-day high of Rs 256 per share on Wednesday\u2019s trading session after the company announced its partnership with Web3 and AI incubator.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-it-partners-with-global-web3-and-ai-incubator\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IT stock jumps 8% after it partners with global Web3 and AI incubator\" \/>\n<meta property=\"og:description\" content=\"The shares of Micro-cap Software solutions provider jumped up to 8%, reaching an Intra-day high of Rs 256 per share on Wednesday\u2019s trading session after the company announced its partnership with Web3 and AI incubator.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-it-partners-with-global-web3-and-ai-incubator\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-29T10:03:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-29T11:20:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/IT-sector.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-it-partners-with-global-web3-and-ai-incubator\/\",\"url\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-8-after-it-partners-with-global-web3-and-ai-incubator\/\",\"name\":\"IT stock jumps 8% after it partners with global Web3 and AI incubator - 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