Back-to-Back Upper Circuit Stock: This IT Stock Hits 34th Upper Circuit; Company to Announce Its Q1 FY26 Result & Consider 2nd Interim Dividend

Colab Platforms, a Small-Cap integrated healthcare company, continued its extraordinary rally on Monday as its share price hit its 34th consecutive upper circuit, closing at Rs 63.96.

The stock has now hit consecutive upper circuits for 34 straight trading sessions. Moreover, it has maintained a winning streak for 38 sessions in a row. During this period, the stock has surged from Rs 24.40 to Rs 63.96, doubling the stock price. In the same period, the stock has given multibagger returns of 138 per cent. In one month, the stock has given 92 per cent returns. 

The company has informed the exchange that its Board of Directors will meet on Wednesday, August 13, 2025, at the corporate office to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2025, along with the limited review report. The agenda also includes the declaration of the second interim dividend for FY 2025-26 and other business matters with the chairman’s permission.

Colab Cloud Platforms Limited, a top 2000 company listed on the Bombay Stock Exchange, is a key player in delivering innovative technological solutions across diverse sectors. The company leverages its expertise in advanced technologies to foster growth and enhance user experiences, specialising in customised, technology-based processing solutions designed to help clients achieve and surpass their objectives. Recognising India's ascent as a global technology hub, Colab Cloud Platforms harnesses the nation's rich pool of talented professionals to significantly contribute to the broader professional community.

Recently, a BSE-listed sports tech and gaming company has officially stepped into the billion-dollar Esports market, aiming to build India's most rewarding competitive gaming ecosystem. This strategic move leverages India's massive online gaming population and booming industry, which is projected to contribute over Rs 1100 crore to the Indian economy by 2025. Colab Esports plans to create a player-first, transparent, and skill-based infrastructure, nurturing digital athletes through low-entry, high-frequency tournaments and proprietary game servers, starting with Counter-Strike 2. This initiative integrates seamlessly with Colab's broader vision for a 360° sports ecosystem, supported by a Rs 250 million accelerator program for sports-tech innovation.

Disclaimer: The article is for informational purposes only and not investment advice.