KFin Technologies gains on winning contract from Bank of Ayudhya Public Company
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KFin Technologies is currently trading at Rs. 470.75, up by 1.45 points or 0.31% from its previous closing of Rs. 469.30 on the BSE.
The scrip opened at Rs. 462.30 and has touched a high and low of Rs. 474.20 and Rs. 462.30 respectively. So far 1113 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 484.70 on 12-Sep-2023 and a 52 week low of Rs. 271.05 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 478.00 and Rs. 452.00 respectively. The current market cap of the company is Rs. 7990.03 crore.
The promoters holding in the company stood at 49.22%, while Institutions and Non-Institutions held 31.49% and 19.29% respectively.
KFin Technologies (KFintech) has won contract from Bank of Ayudhya Public Company (BAY), a leading financial institution in Thailand, to offer fund administration and investment management solutions deploying its state-of-the-art fund accounting platform 'mPower’. BAY has chosen KFintech’s mPower solution, delivered through a cutting-edge Software as a Service (SaaS) model. mPower is a next-generation enterprise-class end-to-end Fund Administration and Investment Management product designed to significantly optimize and deliver an unparalleled user experience.
KFin Technologies provides services and solutions to intermediaries operating in the capital market ecosystem such as mutual funds (MF), alternative investment funds and wealth management firms.
