KPIT Technologies Share Price Today on
On the technical front, the stock is trading above 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 | 1736.38 |
| 10 | 1701.62 |
| 20 | 1712.78 |
| 50 | 1759.21 |
| 100 | 1686.98 |
| 300 | 1597.40 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1807.47, ₹1824.88, & ₹1848.57, whereas it has key support levels at ₹1766.37, ₹1742.68, & ₹1725.27.
Till 4 PM today, the volume traded on NSE & BSE for KPIT Technologies was -30.49% 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 7.81% with a target price of ₹1929.00.
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 -0.14% today to trade at ₹1789.25 while its peers are mixed. Its peers such as Mphasis, Tata Elxsi, Affle India are falling today, but its peers Coforge are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.28% & -0.19% each respectively.
