Shares of Inventurus Knowledge Solutions Ltd (IKS) tumbled 7% on Monday, following the expiration of the three-month shareholder lock-in period. The stock fell to ₹1,545.40, marking a decline of ₹100.35 or 6.10%, amid increased selling pressure.
According to data from Nuvama Alternative & Quantitative Research, a total of 42 lakh shares, representing 2% of the company’s outstanding equity, became eligible for trading as the lock-in period concluded today. This influx of newly available shares has contributed to the stock’s downward movement.
Stock Performance Details
- Previous Close: ₹1,645.75
- Day’s Range: ₹1,476.05 – ₹1,657.00
- 52-Week High: ₹2,189.00
- Market Cap: Not specified
- P/E Ratio: 71.57
Market participants are closely monitoring the stock’s movement following this development, as increased liquidity in shares post-lock-in often leads to heightened volatility.
