Shares of KFin Technologies Ltd plunged 5.39% on Monday to ₹1,057.60 on the NSE after reports confirmed that nearly 10% of the company’s equity changed hands at ₹1,045 per share in a massive block deal.
According to CNBC-TV18, the transaction involved the US-based private equity giant General Atlantic, which has likely sold approximately 1.18 crore shares—equivalent to 6.9% of its stake in KFin Technologies—through its affiliate General Atlantic Singapore Fund Pte. The total deal size is pegged at ₹1,209.5 crore. The block deal was reportedly executed at a floor price of ₹1,025 per share, which was at an 8.3% discount to the stock’s previous close of ₹1,117.90.
As per stock exchange data, the day’s trading range was between ₹1,040 and ₹1,075, reflecting intense selling pressure. The stock has a 52-week range of ₹621.75 to ₹1,641.35 and a market cap of ₹181.16 billion. With a high P/E ratio of 54.73, the stock remains one of the most actively traded counters on the NSE.
This comes just days after KFin Technologies announced its Q4 FY25 results. The company reported a 14.3% YoY rise in consolidated net profit to ₹85 crore from ₹74.5 crore a year earlier. Revenue grew 23.8% YoY to ₹282.7 crore. While EBITDA rose 16.9% to ₹122.2 crore, margins declined to 43.2% from 45.8% due to increased operating expenses.
Stock Details (as of 9:25 AM, May 13):
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Current Price: ₹1,057.60
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% Change: -5.39%
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Market Cap: ₹181.16B
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Volume: 1.81M shares
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