Datamatics share price surges 9% on patent win for developing new software

Shares of Datamatics soared 8.6 per cent at Rs 626 per share on the NSE in Wednesday’s intraday trade. This came after the company today announced that it was granted a patent for its AI-powered document processing software TruCap plus.

According to the digital technologies firm, the software is the system and method of automated document processing for structured, semi-structured and unstructured documents.