KPIT Technologies share are down by -2.82%, Nifty up by 0.15%

KPIT Technologies Share Price Today on : At 19 Sep 16:01 today, KPIT Technologies shares are trading at price ₹1678.35, -2.82% down from the previous closing price. Sensex is trading at ₹83184.8, up by 0.29%. The stock has hit a high of ₹1750 and a low of ₹1667.7 during the day.

On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at 5,10,20,50 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1725.38, ₹1776.77, & ₹1802.53, whereas it has key support levels at ₹1648.23, ₹1622.47, & ₹1571.08.

Till 4 PM today, the volume traded on NSE & BSE for KPIT Technologies was 13.34% 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, Following a strong uptrend, the stock is indicating signs of a reversal..

From a fundamental analysis perspective, the company has a ROE of 31.31% .The current P/E of the stock is at 70.97 .

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 down -2.82% today to trade at ₹1678.35 while its peers are mixed. Its peers such as Mphasis, Tata Elxsi, Cyient are falling today, but its peers Coforge are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.15% & 0.29% each respectively.