Following news of its planned acquisition of a 51% stake in Indiaoneonline Synergies Ltd, Colab Cloud Platforms' shares hit a 2% upper circuit, reaching a new 52-week high of ₹93.05. This strategic move into India's digital economy aims to leverage IndiaOne's expertise to scale products, expand geographically, and form new partnerships, diversifying Colab's business beyond sports and esports.