India's KFin Technologies rises on signing multi-year contract

Kfin Technologies

19/10/2023 07:28

** Shares of KFin Technologies Ltd  KFIN.NS  rise 7.3% to 482.9 rupees,
marking its biggest pct gain since Aug 25, 2023
    ** Co says it won multi-year investment management solution contract from
LIC Pension Fund Ltd 
    ** More than 800,000 shares change hands by 11:51 a.m. IST, 4x the 30-day
avg 
    ** Three of the 6 analysts covering the stock have a "buy" or "strong buy"
rating, 1 has "hold" while 2 recommend at "sell" or "strong sell"; median PT is
432.5 rupees - LSEG data
    ** Stock up more than 30% YTD, as of last close

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.Das@thomsonreuters.com; +91 6001289066;))