This IT company is gaining popularity among investors; do you own it?

This IT company is gaining popularity among investors; do you own it?

Ashwin Urkude
/ Categories: Trending, Mindshare

Today, the share price zoomed over 5 per cent.

On Friday, KSolves India opened its fourth Delivery Centre in Ahmedabad, India. It is a small first step to tapping local IT talent in India’s most industrious state. This new delivery centre situated in Ahmedabad will support Ksolve's growth plans by giving access to high-quality talent from the state of Gujarat and nearby areas. This is part of a hub and spoke delivery model adapted by Ksolves.

KSolves India is an ISO-certified software services and product company offering solutions that enable client organizations to rapidly develop powerful applications addressing their strategic business needs.

 

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At the closing bell, KSolves India ended at Rs 668.85, up by 35.45 points or 5.49 per cent from its previous closing of Rs 645.70 on the BSE. The scrip opened at Rs 641.10 and touched a high and low of Rs 736.10 and Rs 641.10 respectively. So far 21,500 shares were traded on the counter.

The BSE group 'B' stock of face value of Rs 10 has touched a 52-week high of Rs 736.10 a 52-week low of Rs 356.65. Last one week high and low of the scrip stood at Rs 736.10 and Rs 617.55 respectively. The current market cap of the company is Rs 810.36 crore.

The promoters holding in the company stood at 58.94 per cent, while Institutions and Non-Institutions held 0.16 per cent and 40.90 per cent respectively.

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