Shares of automotive software firm KPIT Technologies have clocked multibagger returns for period above two years. The company, which reported its Q1 earnings last week, saw its stock gaining 225%, 515% and 2,080% in two years, three years and five years, respectively. KPIT Technologies shares ended on a flat note at Rs 1,802.05 on Monday. Market cap of the firm climbed to Rs 49,402 crore on BSE.

Multibagger stock: Brokerages are mostly bullish despite expensive valuations, here’s why

KPIT Technologies Ltd. key Products/Revenue Segments include Software Services and Software Products for the year ending 31-Mar-2023.

Buy KPIT Technologies, target price Rs 2150: Axis Securities

Auto industry-focused KPIT Technologies on Monday reported a 52 per cent jump in its net profit to Rs 204.2 crore for the March 2024 quarter on higher revenue growth and profit margins. The Pune-headquartered company had posted a post-tax net of Rs 134 crore in the year-ago period.

KPIT Tech Q1 Results: Net profit jumps 52% YoY to Rs 204.2 crore; co ups revenue growth guidance for FY25

Auto industry-focused KPIT Technologies on Monday reported a 52 per cent jump in its net profit to Rs 204.2 crore for the March 2024 quarter on higher revenue growth and profit margins.

KPIT Tech Q1 results: Net profit jumps 52% on higher revenue growth in FY25

KPIT Technologies rallied 3.04% to Rs 1,850.35 after the IT firm’s consolidated net profit jumped 24.22% to Rs 204.16 crore on 3.55% rise in revenue from operations to Rs 1,364.63 crore in Q1 FY25 over Q4 FY24.

KPIT Tech gains as Q1 PAT climbs 24% QoQ to Rs 204 cr

KPIT Technologies consolidated net profit rises 52.36% in the June 2024 quarter

KPIT Technologies offers ER&D services for automotive industry, with strong growth potential and revenue momentum, TP ₹2,100.

Broker’s call: KPIT Tech (Buy)

The brokerage has initiated coverage with an ‘outperform’ rating on Persistent Systems Ltd. and KPIT Technologies Ltd.

Persistent Systems To Tata Elxsi: Bernstein Initiates Coverage Citing Long Growth Headroom

KPIT Technologies Ltd has added 15.91% over last one month compared to 11.98% gain in BSE Teck index and 7.76% rise in the SENSEX

KPIT Technologies Ltd Spurts 1.6%

KPIT Tech का मुनाफा 5.9% बढ़कर हुआ ₹164.4 करोड़... नतीजों के लिए क्या रहे अहम ट्रिगर्स? ग्रोथ के लिए कहां है कंपनी का फोकस? देखें KPIT Technologies के CEO & MD, किशोर पाटिल से Anil Singhvi की बातचीत 

#resultsonzee #newsparviews #kpittech #kishorpatil #zeebusiness #anilsinghvi #kpittechnologiesshare #business 




About Zee Business:

Zee Business is India's Number 1 Hindi business news channel. It's your channel for profit and wealth. Watch Live coverage of Indian markets - Sensex & Nifty, also for expert insights and advise from our team of experts.
 
--------------------------------------------------------------
Subscribe Zee Business: https://bit.ly/3L6GG0C
 
Business की हर बड़ी ख़बर से रहें अपडेट फॉलो करें ZEE Business का WhatsApp चैनल:   https://bit.ly/3RvzK1N

You Can Also Visit Our Website at: 

Zee Business: https://www.zeebiz.com/
Zee News: https://zeenews.india.com/
DNA India:-https://www.dnaindia.com/
WION: https://www.wionews.com/ 

Follow Us On: 
  
Facebook: https://goo.gl/OMJgrn
Twitter: https://goo.gl/OjOzpB 
Download Zee News App : https://bit.ly/ZeeNewsApps

KPIT Technologies: Unpacking 5.9% Profit Surge to ₹164.4 Crores! Key Growth Triggers & CEO Insights

It has upgraded Persistent Systems to ‘overweight’, and LTIMindtree and KPIT Technologies to ‘neutral’.

Persistent Systems To KPIT: JPMorgan Expects Mid-Caps To Outperform Large Peers

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

KPIT Technologies is a technology company engaged in computer programming, consultancy and related activities

KPIT Technologies Ltd