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RNIT AI Solutions shares jump after winning e-governance project with Andhra Pradesh government

News by Aliceblue News Desk

11 Mar 2026

RNIT AI Solutions shares jump after winning e-governance project with Andhra Pradesh government

Introduction

Leading AI solutions company secured a government contract in Andhra Pradesh to design, develop, and maintain modules for the Commissionerate of Collegiate Education over five years.

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Share price movement of RNIT AI Solutions

On March 11, 2026, RNIT AI Solutions Ltd opened at ₹50.80, up 3.05% from its previous close of ₹49.31. The stock reached a high of ₹51.77 (4.99%) and a low of ₹48.70. By 12:54 PM, it traded at ₹51.77, a 4.99% increase, with a market cap of ₹411.70 crore.

RNIT AI Secures Government IT Contract

RNIT AI Solutions Limited received a Notification of Award from Andhra Pradesh Technology Services Limited for design, development, and maintenance of modules for the Commissionerate of Collegiate Education.

The project includes module development within two months and operations and maintenance support for five years post-deployment. The contract strengthens RNIT’s presence in government and public sector digital solutions.

The engagement is domestic in nature. RNIT will provide AI-enabled technology solutions for e-governance and public sector platforms, expanding its services in the Government technology domain across Andhra Pradesh.

Stock performance of RNIT AI Solutions for period of 1 week and 1 month

RNIT AI Solutions Ltd delivered a 2.58% return over the past week, and it declined by 2.86% over the past one month.

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Shareholding pattern of RNIT AI Solutions

ParticularsDec 2025Sep 2025Jun 2025
Promoter72.30%73.70%52.30%
FII0.00%0.00%0.20%
DII0%0.10%8%
Public27.60%26.20%39.80%

About RNIT AI Solutions

RNIT AI Solutions Ltd (BSE: 517286) provides AI-driven technology solutions. It focuses on digital platforms, e-governance projects, and public sector IT services across India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is RNIT AI Solutions Ltd share price rising today?

A: RNIT AI Solutions Ltd secures Andhra Pradesh government contract to design, develop, and maintain modules for Commissionerate of Collegiate Education for five years.

Q: What is RNIT AI Solutions Ltd’s main business focus?

A: RNIT AI Solutions Ltd provides AI-driven technology solutions, focusing on digital platforms, e-governance projects, and public sector IT services across India.

Q: What are the 52-week high and low of RNIT AI Solutions Ltd stock?

A: RNIT AI Solutions Ltd stock has a 52-week high of ₹71.00 and a 52-week low of ₹37.00.

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