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KPIT Technologies turns volatile after going ex-date for demerger

The stock hit an intra-day low of Rs 123, falling 18 per cent from its early morning high of Rs 150 on the BSE.

KPIT Technologies turns volatile after going ex-date for demerger
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SI Reporter Mumbai
Shares of KPIT Technologies turned volatile, swinging 18 per cent during the intra-day trade on Thursday on BSE, after the stock turned ex-date for the demerger.

KPIT Technologies gained 10 per cent to Rs 150, after opening at Rs 136 on the BSE. It fell 18 per cent from its early morning high and touched a low of Rs 123 in the intra-day trade so far.

At 12:14 pm, the stock was trading 3 per cent lower at Rs 132, recovering 7 per cent from day’s low on the BSE. The trading volumes on the counter surged multiple-fold with