KPIT Technologies share are down by -1.02%, Nifty up by 1.48%

KPIT Technologies Share Price Today on : At 20 Sep 16:00 today, KPIT Technologies shares are trading at price ₹1661.25, -1.02% down from the previous closing price. Sensex is trading at ₹84544.31, up by 1.63%. The stock has hit a high of ₹1696.15 and a low of ₹1627.55 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 ₹1699.7, ₹1732.7, & ₹1769.5, whereas it has key support levels at ₹1629.9, ₹1593.1, & ₹1560.1.

Till 4 PM today, the volume traded on NSE & BSE for KPIT Technologies was 113.31% 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 68.89 .

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 -1.02% today to trade at ₹1661.25 while its peers are mixed. Its peers such as are falling today, but its peers Mphasis, Tata Elxsi, Coforge, Cyient are on the rise. Overall, benchmark indices Nifty & Sensex are up 1.48% & 1.63% each respectively.