DGDatamatics Global Services532528IT services

Datamatics stock rose 3% after strong quarterly results, with management citing AI-driven deals and plans for acquisitions in coming quarters

By ScoutQuest · Thu 5 Nov 2026, 12:03 PM IST · 1 min read

Stock move today

3 percent

AI-driven new opportunities

55 percent

AI-driven share of those deals

80 percent

Annual AI investment

40 crore rupees

Heard on business television between 12:09:35 - 12:12:35 IST.

• Stock was up 3% in trade following the results
• Rahul Kanodia, Vice Chairman and CEO, said currency was not a factor this quarter and had been fairly stable
• He said around 55% of new opportunities are largely AI-driven, with such deals being roughly 80% AI-driven and comprising larger deal sizes
• Company launched an agentic underwriting platform for insurance, augmented with claims processing, plus an agentic AI for financial transformation and legacy modernization
• Company maintains annual investment of about 40 crore rupees, mostly in AI, delivering good results
• Kanodia said the company is in dialogue with companies for acquisitions and hopes to announce something in the next two to four quarters

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev