Stock Market

IT Stock Hits 5% Upper Circuit After Partnering with Semiconductor and Engineering Companies

Alex Smith

Alex Smith

5 hours ago

3 min read 👁 1 views
IT Stock Hits 5% Upper Circuit After Partnering with Semiconductor and Engineering Companies

SYNOPSIS: This engineering solutions company partnered with LinkedLoops and Detroit Engineered Products to strengthen semiconductor design and CAE capabilities, enhancing system engineering, embedded solutions, and engineering simulation offerings in India.

During Wednesday’s session, the shares of a company involved in providing advanced engineering and technology solutions hit a 5 percent upper circuit on NSE, after the company announced strategic technology partnerships to strengthen engineering capabilities.

With a market cap of Rs. 306 crores, the shares of Trident Techlabs Limited hit a 5 percent upper circuit at Rs. 176.95, as against its previous closing price of Rs. 168.55. The stock has delivered negative returns of about 78 percent in one year, and has fallen nearly 19 percent in the last one month.

News

According to the latest exchange filings with the NSE, Trident Techlabs Limited has entered into strategic partnerships with LinkedLoops Technologies and Detroit Engineered Products (DEP) to enhance its technology capabilities.

Through its subsidiary, Techlabs Semiconductor Private Limited, the company has signed a Memorandum of Understanding (MoU) with LinkedLoops Technologies. Under this arrangement, LinkedLoops will act as a Systems Design Partner, supporting system development across multiple domains, including system architecture, embedded systems design, system integration, FPGA development, and PCB design.

In addition, Trident Techlabs has collaborated with Detroit Engineered Products (DEP) to expand its presence in the engineering simulation and product development space. As part of this arrangement, Trident has been appointed as the India distribution partner for DEP’s MeshWorks platform. This will allow the company to deliver advanced CAE-based design analysis and engineering simulation solutions across various industries. 

These tie-ups are strategically aligned with the company’s broader growth objectives. The partnership with LinkedLoops enhances its end-to-end semiconductor and embedded systems capabilities, while the collaboration with DEP broadens its digital engineering and CAE portfolio in India. Together, these alliances are expected to position Trident Techlabs more strongly in high-value technology and engineering services segments.

Financials

Trident Techlabs reported a significant growth in consolidated revenue from operations of around 205 percent YoY, from Rs. 21 crores in H1 FY25 to Rs. 64 crores in H1 FY26. Likewise, its net profit increased during the same period from Rs. 3 crores to Rs. 11 crores, representing an impressive rise of around 267 percent YoY.

Trident Techlabs Limited is an engineering solutions company engaged in the business of providing advanced technology products and services across engineering design, test and measurement, simulation, and electronic system development. It collaborates with leading global technology partners to deliver specialised solutions in areas such as electronics and semiconductor design, engineering simulation, and product development.

Meanwhile, its subsidiary Techlabs Semiconductor Private Limited is one of the leading providers of semiconductor services offering comprehensive endto-end solutions across design, verification, validation, testing, manufacturing and AI. It serves a diverse range of industries, including consumer electronics, automotive, telecommunications, defence, armed forces and industrial automation.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post IT Stock Hits 5% Upper Circuit After Partnering with Semiconductor and Engineering Companies appeared first on Trade Brains.

Related Articles