Synopsis: Silver Touch Technologies (NSE: SILVERTUC) shares hit a 5% upper circuit at ₹1,343.90 on February 19, 2026. The “Zero-Minute” fact is that the rally was ignited by the formal exchange filing confirming March 6, 2026, as the record date for its 1:1 bonus issue and 1:5 stock split, further supported by a 109% YoY jump in Q3 net profit.
On Thursday, February 19, 2026, Silver Touch Technologies Limited emerged as a top outperformer in the IT sector. While the broader Sensex and Nifty indices turned volatile, this Ahmedabad-based micro-cap defied the market slump. The surge followed a regulatory filing confirming the definitive timeline for its dual corporate action aimed at enhancing retail liquidity and rewarding long-term shareholders.
The stock has been a multibagger favorite, delivering over 95% returns in the last year. Investors are aggressively pricing in the company’s transition into a high-margin AI and Digital Public Infrastructure (DPI) specialist, fueled by recent major contract wins from the Indian Navy and the UP Transport Department.
Why did Silver Touch hit the upper circuit today?
The primary driver is the Record Date Fixation for Bonus & Split. The company officially set March 6, 2026, as the deadline for its 1:5 stock split (reducing face value from ₹10 to ₹2) and a subsequent 1:1 bonus issue. This move effectively increases a shareholder’s quantity by 10 times, making the stock highly attractive for retail accumulation before the price adjustment on the ex-date.
Furthermore, the “1-2-1” rule of today’s rally was evident: one massive corporate action (Bonus + Split), two fundamental pillars (109.3% profit surge and 20% operating margins), and one robust order book. For Q3 FY26, Silver Touch reported a consolidated net profit of ₹11.02 crore, up from ₹5.26 crore last year, marking its strongest quarterly performance to date.
Silver Touch Technologies: Key Financials & Corporate Action
| Metric / Event | Details (Feb 19, 2026) | Impact / Status |
| Stock Split Ratio | 1:5 (₹10 to ₹2) | March 6 Record Date |
| Bonus Issue Ratio | 1:1 (Post-Split) | Liquidity Injection |
| Q3 Net Profit | ₹11.02 Crore | 109.35% YoY ↑ |
| EBITDA Margin | 19.94% | 664 bps Expansion |
The “AI & E-Governance” Growth Moat
Silver Touch is successfully pivoting toward high-value digital transformation projects that command superior margins.
- Strategic Order Wins: The company maintains a robust order book of ₹650 crore, with 60% being recurring revenue. Key wins include the Indian Navy’s IPADSV2 digital transformation project and major e-governance contracts for the UP Transport Department.
- AI Product Focus: Management has highlighted a strategic focus on high-margin software and AI-led solutions. The newly incorporated subsidiary, AI4Pharma Tech Ltd, signals a focused effort to scale AI offerings in the global pharmaceutical sector.
- Technical Outlook: Chartists identify the current price of ₹1,343.90 as a breakout. With “unfilled demand” at the upper circuit, the next technical target is seen near its 52-week high of ₹1,695.
Also Read: Why LG India is a Buy: Goldman Sachs Sees 15% Upside
The Bottom Line
The 5% upper circuit in Silver Touch Technologies is a classic reaction to value-unlocking corporate moves and stellar earnings. For the Aam Aadmi investor, the focus remains on the March 6 record date. If the company sustains its 19.9% operating margins, the post-split liquidity could drive the stock toward fresh all-time highs as it deepens its AI and DPI footprint across global markets.
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