Small-cap tech stock under Rs.50 jumps despite weak trends in the Indian stock market
New Delhi, Sept. 11 -- Small-cap tech stock under Rs.50: Small-cap tech stock under Rs.50 Kellton Tech Solutions bucked the broader market weakness on Friday, September 11, with the stock jumping nearly 12% in intraday trading. The sharp move came even as benchmark indices struggled, with both the Sensex and Nifty losing around 1% each amid soaring crude oil prices and weak global sentiment.
The stock climbed to an intra-day high of Rs.15.10 per share on the BSE, compared with its opening price of Rs.13.36. The company currently commands a market capitalisation of Rs.726.79 crore.
Despite Friday's rebound, Kellton Tech Solutions remains well below its recent peak. The tech stock is currently 46% lower than its 52-week high of Rs.27.83, ...
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