KFin Technologies shares jumped more than 3% after the company announced a Joint Venture Agreement (JVA) with Computer Age Management Services (CAMS).
This strategic partnership aims to establish a new joint venture company (JVC) named MF Central, which will focus on developing, maintaining, and operating an innovative investment management platform tailored for the mutual fund industry. Both KFin Technologies and CAMS will equally share ownership of MF Central, with each company holding a 50% stake in this promising venture.
KFin Technologies shares opened at ₹951.55, reaching a high of ₹977.00 and a low of ₹950.55 during the trading session.
As of 1:41 pm, KFin Technologies shares were trading 3.26% higher at Rs 973.75 on the NSE.
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