KFin Tech: From Falling Knife to Rising Star? Experts Predict 20% Upside

KFin Technologies, after a 30% drop from its highs, shows signs of recovery. The stock has found support above its 200-EMA, with experts projecting a target of ₹1,470 in 3-4 months. Technical indicators suggest a bullish outlook, with strong support at ₹1,000. The company's recent financials bolster confidence, reporting a 34.9% YoY increase in PAT to ₹90.18 crore. For risk-averse investors, a stop loss is recommended at ₹1,127. This turnaround presents a potential opportunity for those willing to catch this former falling knife.

 

Sources: Economic Times, Moneycontrol, MarketsMojo