Picture of Kfin Technologies logo

KFINTECH Kfin Technologies News Story

0.000.00%
in flag iconLast trade - 00:00
FinancialsAdventurousMid CapNeutral

India's Kfin Technologies extends gains after upbeat quarterly results

** Shares of Kfin Technologies KFIN.NS rise 4.1% to 1,042 rupees

** Stock extends gains after upbeat third-quarter results on Friday, up 7.6% over two sessions

** The securities registrar set for its best two-day jump since mid-October, if gains hold

** Jefferies maintains "buy," lifts PT to 1,350 rupees

** Brokerage says current stock price does not factor any value for KFIN's international business (17% of rev)

** International business to form 20% of KFIN's rev by FY30 as it grows at a compounded annual rate of 25% over next 3 years

** Analysts tracking KFIN rate it "buy" on average, same as rival Computer Age Management Services COMU.NS, as per data compiled by LSEG

** Stock trims YTD losses to 3.8%, COMU shares unchanged for the year

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))

Recent news on Kfin Technologies

See all news