This stock created a stir in the market, the stocks rose sharply, know how much percent it increased?

There has been a good rise in the shares of KFin Technologies in the stock market today. This multibagger stock of midcap category saw a rise of 5 percent on Tuesday. It made a new high of 52 weeks today.

It has performed well even during the market fluctuations in the last few months, resulting in good profits for investors. There is a strong rise in this stock. Many experts have started their coverage on this.

8 percent rise today

Shares of KFin Technologies on Tuesday touched its new 52-week high of Rs 1,524.70 with a rise of about 8 percent from its previous closing price of Rs 1415.20, while its 52-week low was Rs 479.20.

This stock is expected to rise further in the coming time. At the same time, in the last 6 months, this stock has given returns of more than 100 percent to its shareholders.

200 percent increase in one year

Last year, on December 26, 2023, shares of Caffeine Technologies were trading at the level of Rs 502.60, whereas today they reached the level of Rs 1,524.70. During this period, investors have got a record return of 195 percent.

At the same time, in a period of 6 months, the shares of this company have increased by more than 115 percent, while in one month there has been a rise of more than 35 percent.

Motilal Oswal gave buy rating

Veteran brokerage firm Motilal Oswal has started its coverage on midcap stocks. Arpit Beriwal of brokerage firm said that this stock is in overall uptrend.

Higher lows have been forming on the weekly scale for the last five weeks. He has advised short term traders to buy with stop loss at the level of Rs 1,240.