IT stock in focus after launch of AI-based platform, check share price and other details

Shares of Technology firm Kellton Tech Solutions are in focus on Monday as the company has announced the launch of Phoenix.AI, a platform designed to redefine how enterprises modernise legacy systems. The counter started the trading session in red amid selling pressure as benchmark indices Sensex and Nifty tumbled in early trade, mainly due to a surge in oil prices and weak global market trends after a fresh escalation in tensions in West Asia. The stock opened at Rs 15 against the previous close of Rs 15.08 on the BSE. It fell further to touch the low of Rs 14.50, representing a drop of Rs 0.58 or 3.84 per cent. Last seen, the stock was trading at Rs 14.60 with a drop of Rs 0.48 or 3.18 per cent, and the market cap of the company stood at Rs 770.59 crore.