New Delhi, Nov. 27 -- Kellton Tech Solutions share price rallied over 3% on Thursday amid strong buying at lower levels. The small-cap stock hit an intraday high of Rs.19.91 apiece on the BSE, gaining 3.16% from its previous close. This marked a jump of 3.5% from its lowest point of the day.

The gains in Kellton Tech Solutions share price today comes after the company announced that its Board of Directors has approved the acquisition of Kumori Technologies Services Private Limited, a specialized ServiceNow services provider.

The company will acquire Kumori Technologies by way of subscription to its equity shares, for an aggregate consideration of up to Rs.52.50 crore, in one or more tranches. The initial payment approx Rs.26.50 crore of...