KPIT Technologies Share Price Today on 29-11-2024: KPIT Technologies share price are down by -2.35%, Nifty up by 0.71%
KPIT Technologies Share Price Today on 29 Nov 2024: On the last trading day, KPIT Technologies opened at ₹1412.85 and closed at ₹1377.55. The stock reached a high of ₹1412.85 and a low of ₹1367.55 during the day. This indicates a decline in the stock price, closing lower than its opening value.
KPIT Technologies Share Price Today on 29-11-2024: At 29 Nov 11:00 today, KPIT Technologies shares are trading at price ₹1377.55, -2.35% down from the previous closing price. Sensex is trading at ₹79807.97, up by 0.97%. The stock has hit a high of ₹1412.85 and a low of ₹1367.55 during the day.
On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at 20,50,100,300 days SMA
The SMA values for the stock are given below :
| Days | Simple Moving Average |
|---|---|
| 5 | 1332.03 |
| 10 | 1349.74 |
| 20 | 1379.82 |
| 50 | 1572.03 |
| 100 | 1676.79 |
| 300 | 1593.15 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1423.47, ₹1436.53, & ₹1450.22, whereas it has key support levels at ₹1396.72, ₹1383.03, & ₹1369.97.
KPIT Technologies Share Price Today
Till 11 AM today, the volume traded on NSE & BSE for KPIT Technologies was 26.10% 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 is indicating a trend reversal after a strong downtrend..
From a fundamental analysis perspective, the company has a ROE of 31.31% & ROA of 15.82% respectively.The current P/E of the stock is at 53.00 & P/B is at 15.47.
The median 1-year forecasted upside in this share is at 27.47% with a target price of ₹1756.00.
The company has a 0.00% promoter holding, 10.36% MF holding, & 20.95% FII holding as per filings in the september quarter.
The MF holding has increased from 9.94% in june to 10.36% 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 -2.35% today to trade at ₹1377.55 while its peers are mixed. Its peers such as Tata Elxsi, Cyient are falling today, but its peers Mphasis, Affle India are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.71% & 0.97% each respectively.
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