Stock Report

KFin Technologies Limited Remain Unaffected by Global IT Outage



Posted On : 2024-07-22 10:39:01( TIMEZONE : IST )

KFin Technologies Limited Remain Unaffected by Global IT Outage

KFin Technologies Limited ("KFintech"), a leading provider of global investor and issuer solutions confirms that its services remain fully operational and unaffected by recent global IT outage.

On 19th July, 2024, there was a significant global IT outage caused widespread disruptions across various sectors, primarily affecting Microsoft and CrowdStrike services. The outage began on 19th July, 2024, around 6 PM ET, and quickly spread causing significant disruptions for Windows users worldwide, pushing machines into blue screen of death (BSOD) loops and rendering systems inoperable.

KFintech reassures its stakeholders and clients that it does not utilize CrowdStrike or its services. As a result, KFintech's robust IT infrastructure and systems have continued to function without interruption, ensuring seamless services. We will continue to monitor the situation closely and take any necessary measures to maintain the integrity and security of our systems.

Shares of Kfin Technologies Limited was last trading in BSE at Rs. 728.20 as compared to the previous close of Rs. 771.95. The total number of shares traded during the day was 58576 in over 4239 trades.

The stock hit an intraday high of Rs. 779.00 and intraday low of 724.70. The net turnover during the day was Rs. 43604726.00.

Source : Equity Bulls

Keywords

KfinTechnologies INE138Y01010 KFINTECH Intermediaries