KPIT Technologies Share Price Today on : KPIT Technologies share are down by -13.69%, Nifty down by -0.15%

KPIT Technologies Share Price Today on 24-10-2024: On the last trading day, KPIT Technologies opened at 1609.95 and closed at 1408.85. The stock reached a high of 1609.95 and a low of 1395 during the day. This indicates a decline in the stock price, closing significantly lower than its opening price.

Livemint
Published24 Oct 2024, 11:04 AM IST
KPIT Technologies Share Price Today Live Updates
KPIT Technologies Share Price Today Live Updates

KPIT Technologies Share Price Today on : At 24 Oct 16:02 today, KPIT Technologies shares are trading at price 1408.85, -13.69% down from the previous closing price. Sensex is trading at 80065.16, down by -0.02%. The stock has hit a high of 1609.95 and a low of 1395 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 :

DaysSimple Moving Average
51751.05
101759.78
201717.56
501756.00
1001703.95
3001605.67

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 1540.05, 1673.3, & 1746.6, whereas it has key support levels at 1333.5, 1260.2, & 1126.95.

KPIT Technologies Share Price Today

Overall, as per Mint technical analysis, The stock is currently experiencing a strong downtrend.

From a fundamental analysis perspective, the company has a ROE of 31.31% .The current P/E of the stock is at 61.39 & P/B is at 17.92.

The median 1-year forecasted upside in this share is at 36.42% with a target price of 1922.00.

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 -13.69% today to trade at 1408.85 while its peers are mixed. Its peers such as PB Fintech, Mphasis, Tata Elxsi are falling today, but its peers Coforge are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.15% & -0.02% each respectively.

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