Multibagger IT Stock Surge Over 2.5% After Securing Major AgriTech Project for Odisha CM-KISAN Portal

On Thursday, shares of Silver Touch Technologies Ltd jumped 1.77 per cent to Rs 1,336 per share from its previous closing of Rs 1,312.70 per share. The stock’s 52-week high is Rs 1,690.20 per share and its 52-week low is Rs 610 per share. The stock surged 2.78 per cent to its Intraday high of Rs 1,349.20. As of 11:41:45 IST, the stock was trading at Rs 1,336.

Silver Touch Technologies Ltd, a leading IT solutions and digital transformation firm, has secured a significant AgriTech transformation project from the Government of Odisha. The company has received a Purchase Order from Odisha Computer Application Centre (OCAC) for the comprehensive modernisation and management of the CM-KISAN Portal.

The contract, issued under the Agriculture & Farmers’ Empowerment Department, involves enhancement, operation, maintenance, and technical support of the CM-KISAN platform. The portal serves as a critical digital infrastructure enabling agricultural welfare schemes and direct benefit transfers (DBT) to farmers across the state.

Under the project, Silver Touch will focus on modernising the digital backbone supporting farmer-centric welfare programmes, strengthening integration between national and state-level agricultural databases, and improving transparency, accuracy, and traceability in benefit disbursements. The engagement also aims to enable real-time, data-driven decision-making for agricultural governance.

The development further strengthens the company’s presence in the Digital Public Infrastructure (DPI) and AgriTech segments. Its portfolio in this space includes farmer lifecycle management systems, secure cloud-based applications, and rural digital enablement initiatives. By scaling the CM-KISAN ecosystem, the company aims to accelerate scheme implementation and improve outreach to the farming community.

Mr. Minesh V. Doshi, Executive Director of Silver Touch Technologies Ltd, said the company is proud to partner with the Government of Odisha in strengthening the CM-KISAN platform, calling it a mission-critical initiative aimed at empowering farmers through technology. He added that AgriTech remains a strategic focus area with significant long-term potential.

Silver Touch Technologies Ltd is an established IT consulting firm specialising in e-governance, cybersecurity, and large-scale system integration, with a strong track record of implementing digital platforms for central and state governments.

The company has a market cap of over Rs 1,694.18 crore. The stock price has surged over 110.69 per cent in the last 1 year.

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