Kody Technolab soars after export order, hits upper circuit
The shares of Kody Technolab have zoomed by ~336 per cent in less than 5 months thus adding one more name in the list of SME multibaggers.
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The shares of Kody Technolab have zoomed by ~336 per cent in less than 5 months thus adding one more name in the list of SME multibaggers.
Kody TechnoLab, an India-based tech firm offering staff augmentation, AI development and Machine Learning development announced it has concluded its IPO, reports LiveMint. As part of its service portfolio, Kody TechnoLab provides IT resources for app development.
The Nifty50 has decisively broken its crucial support of around 19,850-19,900 levels and closed at 19,674 for the last week. The next critical support is likely to be 19,500-19,400 area
The real action will be seen in the SME segment as 12 IPOs worth Rs 431-crore are ready to be launched next week, with five of them opening on September 25.
Overall, the market sentiment is likely to remain positive in the coming week, too, with sector rotation in broader indices, but some consolidation can't be ruled out with focus majorly on FOMC meeting outcome, experts said