India, Feb. 23 -- A small-cap company that is a leading Indian merchant commerce platform that provides point-of-sale (POS) solutions, payment processing, and merchant financing services has come into focus after signing a multi year contract.

With the market capitalization of Rs. 23,943.861 crore, the shares of Pine Labs Limited were trading at Rs. 208.52, up by 3.21 percent from its previous day's close price of Rs. 202.04 per equity share. The stock has touched an intraday high of Rs. 210.30, implying an increase of 4.1 percent from previous day's close price.

Pine Labs has secured landmark multi-year contracts from India's top three Oil Marketing Companies; Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limite...