KPIT Technologies Ltd. up by 5.03% - Traders Corners | Espresso

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Espresso Shot of the Day - KPIT Technologies Ltd. up by 5.03%

December 24, 2021
Espresso Shot of the Day - KPIT Technologies Ltd. up by 5.03%

KPIT Technologies Ltd 538.95 (+5.03%) BSE – INE04I401011 | Dec 24, 2021

KPIT is a leading independent software development and integration partner helping mobility leapfrog towards a clean, smart, safe future. With 7,000 automobelievers across the globe specializing in embedded software, AI, and digital solutions, KPIT accelerates clients’ implementation of next-generation technologies for the future mobility roadmap. With engineering centers in Europe, USA, Japan, China, Thailand and India, KPIT works with leaders in automotive and mobility and is present where the ecosystem is transforming.

Recent Drivers

  • On Dec 17, 2021, KPIT Technologies, dSPACE and Microsoft have teamed up to offer a unique solution for OEMs and TIERs seeking homologation (self-certification in USA) for advanced driver assistance systems and autonomous driving.
  • On Nov 2, 2021, the company’s sales rose by 21.71% to Rs 590.87 crores
  • On Nov 2, 2021, the company’s net profit rose by 133.42% to Rs 65.10 crores in the quarter ended September 2021 as against Rs 27.89 crores during the previous quarter ended September 2020.
  • On Sep 23, 2021, the company said it will acquire Future Mobility Solutions GmbH (FMS) for up to 15.6 million Euros (about Rs 135 crores).
(Sources: Business Standard, ET Auto.com, Moneycontrol)

Technical Force*

  • S&P BSE 500 month till date gain up by 0.04%
  • Traded on all-time-high value: 545
  • Spurt in volume by more than 2.12 times | 3 months avg. volume: 1,65,799
  • Quantity traded: 1, 68,526 | Deliverable quantity: 56,372 (33.45%)
  • Stock price has jumped more than 360% from one-year-low level: 116.15 (Dec 24, 2020)
  • Daily RSI (14) is in Oversold territory today
  • 52-week-high: 545 | 52-week-low: 116.15

Key Pivot  (Yearly)

R4

R3

R2

R1

PP/FIB PP

S1

S2

S3

S4

Pivot Point

-

288.77

216.43

179.12

106.78

69.47

-

-

    -

Fibonacci Pivot

216.43

174.55

148.67

132.00

106.78

81.56

64.90

39.02

-


Today’s Close

538.95

SMA

BSE

10 DAY

501.20

20 DAY

496.82

50 DAY

425.37

200 DAY

298.51


Some Key Ratios (Source: BSE)

Market Cap: 14,744.98 crores

PE: 82.18

OPM%: 29.52

ROE%: 15.36

Promoters holding%: 40.14

Prev. Close: 513.15


*Chart and Technical Force data from the Binge desktop app
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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.