Kellton Tech Solutions is currently trading at Rs. 132.00, up by 6.35 points or 5.05% from its previous closing of Rs. 125.65 on the BSE.
The scrip opened at Rs. 127.50 and has touched a high and low of Rs. 132.50 and Rs. 126.00 respectively. So far 18722 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 232.00 on 04-Apr-2016 and a 52 week low of Rs. 79.00 on 18-Oct-2016.
Last one week high and low of the scrip stood at Rs. 133.00 and Rs. 125.15 respectively. The current market cap of the company is Rs. 621.37 crore.
The promoters holding in the company stood at 62.01%, while institutions and non-institutions held 3.42% and 34.57% respectively.
Kellton Tech Solutions has completed the acquisition of US-based Lenmar Group of Companies, a global IT services and solutions group with a commanding presence in banking and financial services space. This acquisition will deepen Kellton Tech’s BFSI IT capabilities and support its next phase of growth in existing markets of US, India and Europe and new markets in APAC region.
Kellton Tech, through this acquisition, will expand its market share in the banking and financial services space and deliver composite strategic value to a wider range of customers. Lenmar will leverage Kellton Tech’s capability edge and global footprint to expand its technological and geographical reach.
Kellton Tech has been on a phenomenal growth trajectory, earning prestigious recognitions for its innovation leadership in digital transformation along the way. Indeed, it has been ranked 19th and 193rd in the 2016 Deloitte Technology Fast 50 India and Fast 500 Asia-Pacific respectively, signifying its robust growth trend.