India's Kfin Tech surges to near 4-month high on jump in Q3 profit

Kfin Technologies

24/01/2025 09:44

** Shares of Kfin Technologies  KFIN.NS  jump as much as 13%
to 1,246 rupees, highest since Oct. 1
    ** The fintech firm posts 35% jump in Q3 consol profit; rev
from ops up 33% Y/Y on boost from domestic mutual funds business
    ** More than 5 mln shares change hands, 2.8x its 30-day avg
    ** Avg rating of 12 analysts is "buy"; median PT is 1,062
rupees - LSEG data
    ** Stock surged over three-fold in 2024

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))