Everpure's stock price surged 14.19% during intraday trading on Monday, marking a significant upward movement for the technology hardware company.

The sharp rise follows the company's announcement that it has completed its acquisition of 1touch. The deal adds data intelligence and orchestration capabilities to Everpure's storage platform, with integration targeting automated discovery, classification, and contextualization of enterprise data. The acquisition positions Everpure to deliver AI-ready data at the source as part of its broader push into data management.

Additionally, Everpure benefited from sector-wide strength in memory chip stocks during pre-market and early trading sessions. The broader uptick in the memory chip sector reflected renewed investor optimism, contributing to the company's substantial gains alongside industry peers.