IT Stock Under Rs 30: The shares of Kellton Tech Solutions rose over 5 per cent during the trading hours on Monday due to buying interest amid the bull market. The stock started the session in green at Rs 19.21 against last session's closing of Rs 19.17 on NSE. The shares extended the momentum further to hit the day's high at Rs 20.15 per share.
At the time of writing, the IT stock was trading at Rs 19.93, up Rs 0.76 or 3.96 per cent. Meanwhile, its 52-week high and low values stood at Rs 33.15 and 14.60, respectively, on NSE.
The rally in this small-cap stock came amid IT heavyweights trading lower despite buying in the market on the back of the US Supreme Court decision that put a hold on tariffs imposed by the US administration. The Nifty IT index was trading over 1 per cent lower amid a sell-off in Coforge, Wipro, Infosys, LTIMindtree and others.
Share Price History
The small-cap IT stock jumped nearly 15 per cent in the last five trading sessions. The shares of the firm rose over 30 per cent in a month, and over 7 per cent to date this year. However, in a year, the stock plunged over 18 per cent, and in the last 6 months, it corrected over 20 per cent. In the last five years, it gave a return of up to 30 per cent.
Stock Market Today
The domestic equity indices are trading significantly high on Monday, driven by the US Supreme Court decision on tariffs. In a historic verdict, the court has labelled the steep tariffs imposed by the Donald Trump administration.
At the time of writing, Sensex was trading at 83,159.84, up 345.13 points or 0.42 per cent. Nifty50 was trading at 25,665.75, up 94.50 points or 0.37 per cent.
Disclaimer: This story is for informational purposes only. It should not be considered as investment advice.