Kotak Equities initiates coverage on KFin Technologies, sees 18% upside. Here’s why

Kotak Institutional Equities has initiated coverage on Kfin Technologies with a Buy rating and target price of Rs 400. The brokerage firm believes that KFin Technologies has multiple growth levers beyond the duopolistic MF registry market and that its strategy to accelerate growth (organic + M&As) will augur well in building scale across diversified offerings. KFin is a multi-product, multi-geography diversified financial services infrastructure company with solutions to assets managers, alternate investment funds,

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