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KPIT Technologies Share Price Today on : At 19 Sep 11:02 today, KPIT Technologies shares are trading at price 1683.65, -2.51% down from the previous closing price. Sensex is trading at 83468.53, up by 0.63%. The stock has hit a high of 1750 and a low of 1683.65 during the day.

On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at 5,10,20,50 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 1750.2, 1773.95, & 1788.5, whereas it has key support levels at 1711.9, 1697.35, & 1673.6.

Till 11 AM today, the volume traded on NSE & BSE for KPIT Technologies was 1.55% 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, Following a strong uptrend, the stock is indicating signs of a reversal..

From a fundamental analysis perspective, the company has a ROE of 31.31% .The current P/E of the stock is at 70.97 .

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 -2.51% today to trade at 1683.65 while its peers are mixed. Its peers such as Mphasis, Tata Elxsi, Cyient are falling today, but its peers Coforge are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.46% & 0.63% each respectively.

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Aniket Pujari

Blogger | Content Creator | Finance | Crypto | Internet things
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