KPIT Technologies share are up by 2.62%, Nifty down by -0.05%

KPIT Technologies Share Price Today on : At 01 Oct 16:01 today, KPIT Technologies shares are trading at price ₹1671.5, 2.62% up from the previous closing price. Sensex is trading at ₹84266.29, down by -0.04%. The stock has hit a high of ₹1674 and a low of ₹1628.8 during the day.

On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at 5,10,20,50 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1688.17, ₹1704.73, & ₹1734.67, whereas it has key support levels at ₹1641.67, ₹1611.73, & ₹1595.17.

From a fundamental analysis perspective, the company has a ROE of 31.31% .The current P/E of the stock is at 66.90 .

The median 1-year forecasted upside in this share is at 13.79% with a target price of ₹1902.00.

The company has a 39.47% promoter holding, 4.13% MF holding, & 22.23% FII holding as per filings in the june quarter.

The MF holding has increased from 3.15% in march to 4.13% in the june quarter.

The FII holding has decreased from 23.98% in march to 22.23% in the june quarter.

KPIT Technologies share price has gained 2.62% today to trade at ₹1671.5 in resonance with its peers. Its peers such as are also on the rise. Overall, benchmark indices Nifty & Sensex are down -0.05% & -0.04% each respectively.