Shares of NSE-listed TAC Infosec hit an upper circuit of 5% for the second consecutive session today, ending the session at INR 856.20. This marked the second consecutive session where the cyber security company’s shares have touched an upper circuit.
At today’s upper circuit, the company’s market capitalisation stood at INR 1,794.53 Cr (about $203 Mn) with 80.4K trade volume.
Important to note that the company’s shares have been on a bull run since its financial disclosures on October 16. Since then, the company’s share prices have surged by over 15%.
The bullish investor momentum is primarily being driven by the robust financial performance of the Vijay Kedia-backed new-age tech company. In the first half of the ongoing fiscal year (H1 FY26), TAC Infosec reported a 138% YoY and 88% QoQ surge in its net profit to INR 15.6 Cr in H1 FY26. Its operating revenue jumped 137% YoY and 63% QoQ to INR 29.5 Cr during the same period.
The company also announced a 1:1 bonus share issue by allotting 1.1 Cr fully paid-up bonus equity shares to eligible shareholders. To accommodate the bonus issue, the company also increased its paid-up capital from INR 10.48 Cr to INR 20.96 Cr. The announcement of the bonus issue has also contributed to the positive sentiment.
This week, TAC Infosec launched its AI-powered SOC 2 Compliance Automation platform, Socify, on Amazon Web Services (AWS) Marketplace, enabling startups and enterprises worldwide to deploy automated SOC 2 solutions directly within their AWS environments.
In a press release on October 22, the company said that the offering could potentially take its client tally to over 10,000 new clients within a year.
Founded in 2016 by Trishneet Arora, TAC Infosec offers risk-based vulnerability management and assessment solutions, along with other SaaS-based cybersecurity tools for enterprises and small businesses.
At the end of H1, the company’s clientele comprised over 3,000 companies including Google, DBS, Berkeley Research Group, Nissan Motors, FAO of the United Nations, Salesforce, Zepto, Dropbox, BlackBerry, Xerox, FUJIFILM, CASIO, Juspay, among others.
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