KPIT Technologies share are down by -0.14%, Nifty up by 0.25%

KPIT Technologies Share Price Today on : At 25 Sep 16:00 today, KPIT Technologies shares are trading at price ₹1658.9, -0.14% down from the previous closing price. Sensex is trading at ₹85169.87, up by 0.3%. The stock has hit a high of ₹1678.5 and a low of ₹1650.65 during the day.

On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 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 ₹1670.62, ₹1688.58, & ₹1698.82, whereas it has key support levels at ₹1642.42, ₹1632.18, & ₹1614.22.

Till 4 PM today, the volume traded on NSE & BSE for KPIT Technologies was 20.46% 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, The stock's continued downtrend suggests a bearish trend is underway..

From a fundamental analysis perspective, the company has a ROE of 31.31% .The current P/E of the stock is at 68.25 .

The median 1-year forecasted upside in this share is at 14.59% with a target price of ₹1900.93.

The company has a 39.47% promoter holding, 4.13% MF holding, & 22.23% FII holding as per filings in the june quarter.

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 -0.14% today to trade at ₹1658.9 while its peers are mixed. Its peers such as Mphasis, Tata Elxsi, Coforge are falling today, but its peers Cyient are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.25% & 0.3% each respectively.