India's Kfin Technologies advances on stable earnings outlook

Kfin Technologies

01/12/2025 07:10

** Kfin Technologies KFIN.NS shares rise as much as 5.46% to 1,114 rupees; last up 4.25%

** Rise after KFIN's management, at a roadshow hosted by Jefferies, remains positive on pricing trends that should aid healthy growth in mutual fund revenues

** KFIN handles investment records and offers investor support services

** KFIN says it has a market share of 33% in overall MF assets and expects earnings to remain stable aided by pricing control

** Jefferies reiterates "buy", forecasts 22% CAGR in revenue driving 19% CAGR in profit over fiscal years 2026-2028

** Average rating of 16 analysts tracking KFIN is "buy"; the median price target is 1320 rupees - data compiled by LSEG

** KFIN drops 31.3% in 2025 so far, lagging the 6.9% rise in the Nifty 500 index .NIFTY500

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))