KPIT Technologies Share Price Today on 12-11-2024: At 12 Nov 16:00 today, KPIT Technologies shares are trading at price ₹1392, -1.07% down from the previous closing price. Sensex is trading at ₹78675.18, down by -1.03%. The stock has hit a high of ₹1427 and a low of ₹1385.55 during the day.
On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 1428.86 |
10 | 1409.90 |
20 | 1542.41 |
50 | 1656.83 |
100 | 1698.05 |
300 | 1599.97 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1416.65, ₹1445.65, & ₹1460.35, whereas it has key support levels at ₹1372.95, ₹1358.25, & ₹1329.25.
Till 4 PM today, the volume traded on NSE & BSE for KPIT Technologies was -25.68% 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, While the stock is displaying initial signs of bottoming out, investors are advised to await confirmation of a bullish short-term trend before considering a reversal..
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 52.86 & P/B is at 15.43.
The median 1-year forecasted upside in this share is at 26.15% 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 -1.07% today to trade at ₹1392 while its peers are mixed. Its peers such as Affle India, Cyient are falling today, but its peers Coforge, Tata Elxsi are on the rise. Overall, benchmark indices Nifty & Sensex are down -1.07% & -1.03% each respectively.
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