KPIT Technologies Share Price Today on 08-11-2024: KPIT Technologies share price are down by -1.37%, Nifty down by -0.21%
KPIT Technologies Share Price Today on 08-11-2024: On the last trading day, KPIT Technologies opened at ₹1454.95 and closed at ₹1422.40. The stock reached a high of ₹1458.55 and a low of ₹1417.00 during the trading session. This indicates a decline in the stock price from the opening to the closing, reflecting a decrease in value throughout the day.
KPIT Technologies Share Price Today on 08-11-2024: At 08 Nov 16:00 today, KPIT Technologies shares are trading at price ₹1422.4, -1.37% down from the previous closing price. Sensex is trading at ₹79486.32, down by -0.07%. The stock has hit a high of ₹1458.55 and a low of ₹1417 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 | 1399.16 |
| 10 | 1416.04 |
| 20 | 1587.91 |
| 50 | 1680.36 |
| 100 | 1699.00 |
| 300 | 1601.64 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1445.0, ₹1472.4, & ₹1486.6, whereas it has key support levels at ₹1403.4, ₹1389.2, & ₹1361.8.
KPIT Technologies Share Price Today
Till 4 PM today, the volume traded on NSE & BSE for KPIT Technologies was 2.67% 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, While the stock is exhibiting preliminary indications of a trend reversal following a significant downtrend, continued monitoring is advised..
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 54.14 & P/B is at 15.81.
The median 1-year forecasted upside in this share is at 23.45% 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 down -1.37% today to trade at ₹1422.4 while its peers are mixed. Its peers such as Tata Elxsi, Affle India, Cyient are falling today, but its peers Coforge are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.21% & -0.07% each respectively.
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