Back To Back Upper Circuit: Colab Platforms Share Price Zooms 60%, Know The Reason

The Indian equity market witnessed a mild recovery in early trade, with benchmark indices trading in green. As of 11:02 AM, the Nifty 50 index was up by 0.05%, while investor interest remained high in select stocks. One such stock in focus is Colab Platforms Ltd. 

Back To Back Upper Circuit: Colab Platforms Share Price 

Colab Platforms share price has been hitting the upper circuit consistently, with the share price rising 2% again on July 7 as of 11:03 AM. The stock has now locked in 13 consecutive upper circuits, marking a steep 60% rise from its recent low of ₹24.40 on June 18, 2025.

Company Makes Strategic Entry Into Esports

In a board meeting held last month, Colab Platforms announced its official entry into the esports segment. The company revealed its vision to create India’s most rewarding competitive gaming ecosystem under its new vertical, Colab Esports.

This strategic decision signals Colab’s intent to expand beyond its core business and tap into one of the fastest growing digital sectors in India.

Gaming Sector Sees Explosive Growth In India

India’s gaming industry is currently witnessing unprecedented momentum. As per recent reports, the Indian pure-play gaming sector was valued at ₹6,715 crore in 2024 and is expected to surpass ₹10,487 crore by 2026, backed by a compound annual growth rate of 24%.

India also boasts over 594 million online gamers and a young, tech-savvy population, making it one of the most promising markets globally for esports and digital gaming platforms.

Read More: JP Power Ventures Shares Surge 12%, Nears 52-Wk High After AGM Update! 

Esports To Drive Economic Value Creation

Esports is increasingly being viewed not just as entertainment but also as a contributor to the Indian economy. With its growing popularity, the esports industry is projected to add over ₹1,100 crore to the economy by 2025. The country is expected to have over 1.5 million esports athletes by then, indicating strong traction in both participation and viewership.

Conclusion 

Colab Platforms’ entry into this space aligns with these industry tailwinds and could be part of a broader strategy to leverage long-term digital trends.

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