Shares of Kellton Tech Solutions an IT consulting firm traded in the green on Monday despite broader weakness in the information technology sector which weighed down benchmark indices Sensex and Nifty. The stock opened higher at Rs 118.70 on the National Stock Exchange (NSE) up from the previous close of Rs 117.98 and climbed further to touch an intraday high of Rs 120.30. At last check it was trading at Rs 119.33 marking a gain of about 1.14 per cent. This performance stands out as most IT stocks traded lower with the Nifty IT index slipping more than 1%. Over on the BSE Kellton Tech opened at Rs 119.40 and peaked at Rs 120.35 during intraday trading. The stock has a 52-week high of Rs 184.30 and a 52-week low of Rs 85.10 with a current market capitalization of approximately Rs 1164 crore. The upward momentum comes after the companys board approved the issuance of $10 million in Foreign Currency Convertible Bonds (FCCBs). These will be 6.5% senior unsecured bonds maturing in 2035 with a minimum conversion price of ₹106 per share. The bonds will be issued internationally as detailed in an exchange filing. In terms of performance Kellton Tech has delivered a multibagger return of 100.50 per cent over the past two years and 22.86 per cent over the past year though it has corrected by 23 per cent in 2025 so far. Meanwhile the broader market showed weakness. The Sensex dropped 214.59 points to 82116 while the Nifty slipped 54 points to 24965.80 in early trade. Major IT stocks such as Infosys TCS HCL Tech and Tech Mahindra were among the top losers while NTPC Asian Paints Bajaj Finance and Hindustan Unilever managed to gain. In Asian markets South Koreas Kospi Japans Nikkei 225 index Shanghais SSE Composite index and Hong Kongs Hang Seng were trading lower. US markets ended in the positive territory on Friday. Global oil benchmark Brent crude dipped 0.37 per cent to USD 65.17 a barrel.