India's Datamatics Global Services rises on patent for AI-powered software

Datamatics Global Services

19/06/2024 08:53

** Shares of Datamatics Global Services  DATC.NS  rise 8.7%
to 626.5 rupees, highest since April 15
    ** Co said on Wednesday it got patent for its proprietary AI
-powered intelligent document processing software, TruCap+
    ** The software automates data extraction from complex
structured, semi-structured and unstructured documents
    ** More than 602,000 shares change hands, 4.1x its 30-day
avg
    ** Stock up ~13% so far this month; eyes best monthly gain
since Dec. 2023


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))