Kfin Tech tumbles as 10% stake change hands; Here’s the likely seller

Shares of Kfin Technologies Ltd. fell nearly 7 per cent in intraday trade on Tuesday after 10 per cent equity changed hands through multiple block deals shortly after the market opened.

Kfin Technologies’ stock fell as much as 6.97 per cent during the day to ₹1,040 per share, the biggest intraday loss since April 30 this year. The stock pared losses to trade 5.4 per cent lower at ₹1,057 apiece, compared to a 0.59 per cent decline in Nifty 50 as of 9:43 AM.