KPIT Technologies Share Price Today on 06-11-2024: At 06 Nov 16:00 today, KPIT Technologies shares are trading at price ₹1487.05, 7.1% up from the previous closing price. Sensex is trading at ₹80378.13, up by 1.13%. The stock has hit a high of ₹1503 and a low of ₹1395 during the day.
On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at 20,50,100,300 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 1390.94 |
10 | 1478.38 |
20 | 1619.29 |
50 | 1697.73 |
100 | 1701.10 |
300 | 1602.91 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1530.8, ₹1571.95, & ₹1639.95, whereas it has key support levels at ₹1421.65, ₹1353.65, & ₹1312.5.
Till 4 PM today, the volume traded on NSE & BSE for KPIT Technologies was 293.79% 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 downtrend.
From a fundamental analysis perspective, the company has a ROE of 31.31% & ROA of 15.82% respectively.The current P/E of the stock is at 52.20 & P/B is at 15.24.
The median 1-year forecasted upside in this share is at 18.09% with a target price of ₹1756.00.
The company has a 0.00% promoter holding, 4.30% MF holding, & 20.95% FII holding as per filings in the september quarter.
The MF holding has increased from 4.13% in june to 4.30% in the september quarter.
The FII holding has decreased from 22.23% in june to 20.95% in the september quarter.
KPIT Technologies share price has gained 7.1% today to trade at ₹1487.05 in resonance with its peers. Its peers such as
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