Pine Labs shares witnessed a sharp rally on Friday, climbing more than 13% amid a significant surge in trading activity. The stock gained as much as 13.5% to touch an intraday high of ₹196.50, while volumes on both the NSE and BSE jumped sharply compared with their recent averages.
On the NSE, as many as 11.57 crore shares changed hands, with trading volume rising 3.8 times compared with the average volume of 3.05 crore shares. On the BSE, 68 lakh shares were traded, significantly higher than the average daily volume of 15 lakh shares recorded over the past two weeks.
The strong move comes against the backdrop of a volatile trading history for Pine Labs. Pine Labs shares have delivered gains across several timeframes. The stock has risen 17% in the past one week, 16% over the last one month, 34% in three months and 13% in the last six months.
The stock remains 31% below its 52-week high of ₹283.70, which it touched in November 2025. Its 52-week low stands at ₹134.75, recorded in May 2026.
Pine Labs Limited is a technology company providing digital payments and issuing solutions to merchants, consumer brands and enterprises, and financial institutions in India and internationally. The company operates through its Digital Infrastructure and Transaction Platform, and Issuing and Acquiring Platform segments.