03-01-2024 12:24 PM | Source: Accord Fintech
KFin Technologies trades higher on the BSE

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KFin Technologies is currently trading at Rs. 489.80, up by 8.15 points or 1.69% from its previous closing of Rs. 481.65 on the BSE.

The scrip opened at Rs. 481.65 and has touched a high and low of Rs. 491.00 and Rs. 480.30 respectively. So far 19712 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 562.30 on 17-Nov-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. 511.00 and Rs. 479.30 respectively. The current market cap of the company is Rs. 8295.08 crore.

The promoters holding in the company stood at 49.12%, while Institutions and Non-Institutions held 31.27% and 19.61% respectively.

KFin Technologies (KFintech) has unveiled XAlt, a first-of-its kind and integrated fund administration platform designed exclusively for Alternative Investment Funds (AIFs) in India. The platform offers an integrated solution, making it easier for fund managers and investors to navigate the complexities of AIFs.

XAlt offers a seamless experience in handling investor services, bolstered by its integration with KFintech's in-house Fund Accounting platform, mPower. mPower automates key processes such as valuations, income recognition, and compliance management, further streamlining fund administration. This integration further enhances operational efficiency and provides an exceptional 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.