IT Stock Jumps 5% After Securing ₹268 Cr NPCI Data Centre Infrastructure Order

Shares of the IT infrastructure company surged by 5% after announcing a significant order worth ₹268 crore from the National Payments Corporation of India (NPCI). This contract involves building and managing enterprise server infrastructure, with a commitment to provide support and warranty for seven years. The deal adds to the company's existing order book, which was already nearly ₹3,000 crore as of May.

This development is a positive signal for investors, as it demonstrates the company's ability to secure large-scale mandates from major financial institutions. It also highlights the growing demand for data centre infrastructure in the fintech sector. For now, the stock's sharp rise reflects market optimism, but investors should monitor the company's execution capabilities and future order wins to gauge the sustainability of this growth.