Archive · 12 Jun 2025
Kellton Tech Shares Surge on Fundraising, Stock Split Proposal
Imagine a small tech company called Kellton Tech, whose stock price has been doing very well.
The company announced a plan to raise money and possibly split its stock, which is like dividing a pizza into smaller slices.
This news caused the stock price to jump up.
The company's board of directors will meet to decide the details, like how much money to raise and how to split the stock.
Although the company's sales are good, its profits are a bit lower than before.
Overall, the company's stock has increased significantly over the past few years, which makes investors happy.
Kellton Tech Solutions Ltd shares surged nearly 10% intraday following a board meeting announcement.
The board will consider fundraising options, including issuing shares and convertible instruments.
A stock split proposal is being considered, potentially the first in company history.
Q4 FY25 revenue rose 15.5% year-on-year to ₹287.3 crore, but net profit declined.
The stock has risen 853% over five years and 125% in the last two years.
- Who
- Kellton Tech Solutions Ltd.
- What
- Kellton Tech's board will consider fundraising and a stock split.
- When
- The board will meet on June 14.
- Where
- Not explicitly mentioned in the article.
- Why
- To potentially expand, increase retail investor visibility, and enhance liquidity.
- Stock Price Increase (Intraday)
- 9.94%
- Current Price (11:45 am)
- ₹138.15
- 5-Year Gain
- 853%
- 2-Year Gain
- 125%
- Q4 FY25 Revenue
- ₹287.3 crore
- Q4 FY25 Net Profit
- ₹19.2 crore
- Market Capitalisation
- ₹1,343 crore