Accelya Kale Solutions hits 52-week high

The stock moved higher by 11% to Rs 1,230 after Brussels Airlines selected Accelya's FinessCost solution to efficiently manage direct operating cost.

Accelya Kale Solutions has moved higher by 11% to Rs 1,230, also its 52-week high on the National Stock Exchange (NSE) after the company announced that Brussels Airlines, flag carrier and the largest airline of Beligum, selected its FinessCost solution to efficiently manage direct operating cost.

“FinessCost processes and manages all Direct Operating Cost (DOC) invoices to prevent supplier overpayments,” Accelya Kale Solutions said in a statement.

At 01:55 PM, the stock was up 10% at Rs 1,216 on the NSE, as compared to 1.5% fall in the Nifty IT index. A combined 28,830 shares changed hands on the counter on the NSE and BSE so far.