IT Stock Alert! 1:5 Stock Split, 1:1 Bonus Shares Confirmed, Record Date Falling In March; Watch Today?

Following the announcement of a significant corporate move, Silver Touch Technologies Limited's shares are expected to attract investor attention. The company has set the record date for two significant developments—a stock split and a bonus issue—in a regulatory file that was communicated to the National Stock Exchange of India and BSE Limited.

After the announcement, Silver Touch Technologies Ltd. (SILVERTUC) performed well on the National Stock Exchange (NSE) as of February 19, 2026, ending at Rs 1,340.20, a notable gain of 4.17% from the close of Rs 1,286.60 the day before. Beginning at Rs 1,284.00 and reaching Rs 1,284.00, the stock had significant intraday volatility. It peaked at Rs 1,350.90, which was the session's upper circuit limit. Trading activity was robust with a recorded volume of 54,133 shares.

The company has fixed Friday, 6th March, 2026 as the record date for the purpose of sub-division of 1 equity share of face value of Rs 10/- each fully paid-up into 5 equity shares of face value of Rs 2/- each fully paid-up and also for issuing bonus equity shares in the ratio of 1:1 i.e., 1 bonus equity shares of Rs 2/- each for every 1 equity share of Rs 2/- each fully paid-up.

According to key market data, Silver Touch Technologies' current market value is around Rs 1,700 crore. With a trailing Price-to-Earnings (P/E) ratio of 53.57, which is much higher than the industry average of around 25.87, the company is trading at a premium price in relation to its sector. Its dividend yield is still low at 0.04%, and its Price-to-Book (P/B) ratio is 11.73. The share price has varied significantly during the last 52 weeks, from a low of Rs 610.00 to a high of Rs 1,690.20, representing a return of more than 100% in only one year.

Silver Touch Technologies Target Price

"Silver Touch Technologies stock price is bullish on the Daily charts with strong support at 1211. A Daily close above resistance of 1336 could lead to a target of 1524 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

About Silver Touch Technologies

Currently at the forefront of emerging technologies and digital transformation, Silver Touch is a well-known and internationally recognized provider of IT solutions. With 1,400+ employees, it operates in the USA, UK, Canada, and France and provides services to more than 2,000 clients worldwide. It specializes in AI, machine learning, and robotic process automation (RPA). India is the company's headquarters, and it has subsidiaries abroad with a significant presence in the US, UK, and Canada.

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