Golden Legand Leasing and Finance shares surged 6.94% from their session low, closing at ₹9.79 per share on Thursday.
The rally followed the company's announcement that it is actively advancing its artificial intelligence integration strategy, a move aimed at modernizing its non-banking financial operations.
The stock had opened at ₹9.46, down from Wednesday's close of ₹9.27, and touched an intraday low of ₹9.11 before buyers stepped in.
The sharp reversal underscores the market's sensitivity to technology adoption narratives within the NBFC sector, where efficiency gains from AI are increasingly viewed as a competitive differentiator.
This development aligns with broader trends in Indian financial services, where companies are leveraging digital tools to streamline lending and risk assessment.
The positive reception of Golden Legand's update suggests that investors are rewarding firms that demonstrate concrete steps toward technological modernization, even in smaller-cap names.