Inventurus Knowledge shares hit 3-month high on heavy trading volumes

Inventurus Knowledge shares hit 3-month high on heavy trading volumes

Shares of Rekha Jhunjhunwala-backed Inventurus Knowledge Solutions rose more than 7% on June 17 to an over three-month high of Rs 1,853. The traded volume surged manifold from June 16 to 1.66 million shares.

The stock has risen over 11% in the last seven days and 27% in past three months. It got listed at Rs 1,900 on NSE in December and is currently trading at a 3% discount to the listing price.

On June 17, Inventurus Knowledge Solutions shares closed 7% higher at Rs 1,851.6 apiece.

For the quarter ended March, the company had reported a consolidated net profit of Rs 148 crore on revenue of Rs 724 crore.

Inventurus Knowledge Solutions Ltd is a technology-enabled healthcare solutions provider and a care enablement platform, assisting physician enterprises in the US, Canada and Australia, with a focus on the US markets.

The company is a leading partner for outpatient and inpatient care organisations and has over 800 healthcare organisations as clients, including health systems, academic medical centres, multi-specialty medical groups, single-specialty medical groups and ancillary healthcare organisations as of March 2024.