Synopsis: Silverline Technologies Ltd (BSE: 500389) shares locked in a 5% upper circuit at ₹14.66 on February 12, 2026, following a non-binding Letter of Intent (LOI) from UAE-based Trueledger Technologies FZE for a 20% strategic stake. This potential investment aims to fuel Silverline’s AI-led expansion, particularly its new “Silver AI” platform, offering investors a high-growth pivot into the deep-tech sector.
On February 12, 2026, penny stock Silverline Technologies Ltd defied broader market weakness to hit its 5% upper circuit limit of ₹14.66 on the BSE. The surge was ignited by a formal exchange filing confirming that Trueledger Technologies FZE, a technology research firm based in the UAE, has expressed preliminary interest in acquiring up to a 20% stake in the company.
This strategic move comes just days after Silverline reported a massive surge in its user base for “Silver AI,” which crossed 24,000 registered users within a week of its beta launch. The market is now pricing in the potential for a massive capital infusion that could transform this legacy IT firm into a modern AI powerhouse.
Why is Silverline Technologies stock rising today?
The primary catalyst is the 20% stake proposal from Trueledger, which provides much-needed global validation and capital for Silverline’s AI roadmap. Investors are reacting to the company’s projection of ₹430–450 Crore in annual revenue potential if its Silver AI platform reaches its target of 5 Lakh pro users.+1
Furthermore, the stock has been on a relentless bull run, marking its 11th consecutive session of hitting the upper circuit. This momentum is supported by a dramatic turnaround in financials, with Q2 FY26 revenue skyrocketing over 100 times to ₹100.07 Crore, compared to just ₹69.7 Lakh in the same period last year.
Silverline Technologies: Key Financial Performance
| Metric | Q2 FY26 (Sept ’25) | Q2 FY25 (Sept ’24) | Growth (%) |
| Total Revenue | ₹100.07 Cr | ₹0.70 Cr | 14,195% ↑ |
| Net Profit (PAT) | ₹7.26 Cr | ₹0.03 Cr | 24,100% ↑ |
| LTP (Feb 12) | ₹14.66 | ₹13.31 (Prev. Close) | 5.0% ↑ |
The “Analyst Consensus” on Silverline
Market experts are cautiously optimistic, focusing on the company’s ability to monetize its “Made-in-India” AI platform.
- AI Pivot Success: Analysts note that the successful launch of Silver AI has completely shifted the company’s narrative from a legacy IT consultant to a product-led AI firm.
- Strategic Valuation: While the LOI is non-binding, the entry of a UAE-based tech firm suggests a higher valuation floor than previously anticipated by retail investors.
- Operational Scale: Experts highlight the aggressive pricing of $9 per month for the AI Pro version as a viable strategy to capture a significant share of the $26 Billion Indian chatbot market by 2031.
Also Read: Lenskart Share Price Hits Record High: Why Q3 Profits Skyrocketed 70x
The Bottom Line
Silverline Technologies is currently the talk of Dalal Street, gaining over 62% in just ten sessions. For the Aam Aadmi investor, the focus remains on whether the Trueledger deal converts into a definitive agreement to fund the company’s ambitious ₹450 Crore revenue target.
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