A sharp rise has been seen in the share of KPIT technologies since this morning. The company’s stock price was up more than 15% in early trade and by 12 o’clock the company’s stock price was up 13.03%.
In the last one year, the company has given multi-bagger returns of 420%. Famous brokerage and investment banking firm Goldman Sachs in its latest report has described the outlook of KPIT Technologies as positive.
KPIT Tech is focusing heavily on connected autonomous share and electric technologies which are used in smart automobiles and electric vehicles.
The focus of the auto industry is also shifting to adopting technologies, so R&D spending in this area may triple around $61 billion between FY21 to FY26.
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KPIT Technologies share Financial
| 52 Week High | 750.00 |
| 52 Week Low | 104.35 |
| Sector PE | 43.78 |
| Face Value | 10 |
| Dividend Yield | 0.21 |
| Mkt Cap (Rs. Cr.) | 19,498 |
| Book Value Per Share | 44.31 |
When this happens, KPIT Technologies will get its direct benefit, the company is witnessing a robust demand due to which a strong growth is expected in the order line of the company.
In the last one year, there has been a good improvement in the revenue and profit of the company.
| Net Profit (2021) | 147 Cr |
| Debt to equity (2021) | 0.00 |
| Revenue | 2035 Cr |
| EPS | 5.43 |
| ROE | 12.10 |
| Dividend/Share (INR) | 1.50 |
| Promoters holding (Sep. 2021) | 40.14% |
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FAQ
Famous brokerage and investment banking firm Goldman Sachs in its latest report has described the outlook of KPIT Technologies as positive. KPIT Tech is focusing heavily on connected autonomous share and electric technologies which are used in smart automobiles and electric vehicles.
KPIT Tech is focusing heavily on connected autonomous share and electric technologies which are used in smart automobiles and electric vehicles. The focus of the auto industry is also shifting to adopting technologies, so R&D spending in this area may triple around $61 billion between FY21 to FY26.