KPIT Technologies share are up by 0.14%, Nifty down by -2.12%

KPIT Technologies Share Price Today on : At 03 Oct 16:00 today, KPIT Technologies shares are trading at price ₹1673.9, 0.14% up from the previous closing price. Sensex is trading at ₹82497.1, down by -2.1%. The stock has hit a high of ₹1712.8 and a low of ₹1641 during the day.

On the technical front, the stock is trading above the 5,100,300 days SMA & lower than the 10,20,50 day SMA. The stock will have support at 5,100,300 days SMA & face resistance at 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 ₹1714.52, ₹1750.53, & ₹1787.77, whereas it has key support levels at ₹1641.27, ₹1604.03, & ₹1568.02.

Till 4 PM today, the volume traded on NSE & BSE for KPIT Technologies was 254.57% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, The stock is currently experiencing a strong bullish trend.

From a fundamental analysis perspective, the company has a ROE of 31.31% .The current P/E of the stock is at 68.72 .

The median 1-year forecasted upside in this share is at 15.24% with a target price of ₹1929.00.

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 0.14% today, currently at ₹1673.9, while its peers such as are in the red. Overall, benchmark indices Nifty & Sensex are down -2.12% & -2.1% each respectively.