India's KFin Tech at record closing high after Jefferies marks co as investment pick

Kfin Technologies

19/12/2024 10:38

** KFin Technologies Ltd's  KFIN.NS  shares settle up 7.6%
at record closing high of 1,429.05 rupees
    ** Jefferies picks brokerage services firm as a
small-/mid-cap stock worth investing in
    ** Jefferies has raised KFIN's FY25 earnings estimates by
25% and its FY26 estimates by 30% this calendar year - among the
highest increases in its small- and mid-cap universe 
    ** Jefferies has "buy" rating, PT of 1,325.75 rupees on
stock
    ** Analysts tracking KFIN rate it "buy" on avg - LSEG data
    ** Stock nearly tripled this year


 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))