KPIT Technologies Share Price Today on
On the technical front, the stock is trading above the 5,10,100,300 days SMA & lower than the 20,50 day SMA. The stock will have support at 5,10,100,300 days SMA & face resistance at 20,50 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 1661.50 |
10 | 1679.02 |
20 | 1723.78 |
50 | 1771.39 |
100 | 1670.72 |
300 | 1588.92 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1709.25, ₹1726.75, & ₹1759.5, whereas it has key support levels at ₹1659.0, ₹1626.25, & ₹1608.75.
Till 4 PM today, the volume traded on NSE & BSE for KPIT Technologies was -6.86% lower 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 median 1-year forecasted upside in this share is at 14.62% 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 up 0.54% today to trade at ₹1683 while its peers are mixed. Its peers such as Tata Elxsi, Affle India are falling today, but its peers Coforge, Cyient are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.93% & -0.98% each respectively.
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