Share Market Investment: Upper circuit is being seen in this stock every day, know how the shares jumped up and down in the market…

Share Market Investment: There is a boom in the stock market today i.e. on 26th December. Sensex is trading at the level of 78,464.21 with a decline of more than 78.21 (0.11%) points. At the same time, Nifty is also up by more than 17.70 (0.075%) points. It is trading at the level of 23,745.35.

Once again a huge jump was seen in the shares of Kfin Technologies on Thursday. Its shares have registered a rise of about 9 percent today. With this a new highest level of 52 weeks has been touched. Earlier on Tuesday also a jump of 13 percent was recorded.

This stock has gained momentum on 4 out of the last five trading days. It has given bumper returns to its investors in the year 2024. Recently, leading brokerage firm Motilal Oswal started its coverage on this stock with buy rating.

Eight percent rise in shares

Shares of Kfin Technologies opened at Rs 1,485 on Thursday, while after some time it rose by more than 8 percent. It reached the highest level of 52 weeks at Rs 1,619.95.

This is a midcap category share, whose market capital is Rs 27.49 crore. Talking about its Profit to Earning (P/E) ratio, it remains high, which is 92.44.

200 percent return in the year 2024 (Share Market Investment)

Let us tell you that this stock has seen a bumper rise in the year 2024. It has given more than 200 percent returns to its investors during this period. At the same time, it has given a profit of 130 percent to the investors in a period of 6 months. If we talk about one month, an increase of about 40 percent has been recorded.

On this stock, Arpit Beriwal of brokerage firm Motilal Oswal said that this stock is in overall uptrend and has been making higher lows on weekly scale for the last five weeks. He advised short term traders to trade with stop loss at the level of Rs 1,240.