The rally builds on a September 3, 2025, ₹1,734 crore sovereign AI infrastructure order (execution Q4 FY26–H1 FY27) using NVIDIA's Blackwell architecture, boosting shares 83% since announcement. On September 22, secured a ₹450 crore purchase order for Tyrone AI GPU-accelerated systems, pushing shares to a then-52-week high. Speculation links the ₹450 crore deal to Zoho's indigenous AI push (e.g., Zia LLM), though unconfirmed.

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