KPIT TECHNOLOGIES Share Price Up by 5%; BSE IT Index Up 0.6%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

KPIT TECHNOLOGIES Share Price Up by 5%; BSE IT Index Up 0.6%
Fri, 23 Jul 10:04 AM

KPIT TECHNOLOGIES share price has zoomed 5% and is presently trading at Rs 291.

Meanwhile, the BSE IT Index is at 30,727 (up 0.6%).

Among the top Gainers in the BSE IT Index today are KPIT TECHNOLOGIES (up 5.1%) and MPHASIS (up 10.1%).

ORACLE FINANCIAL (down 0.1%) and ECLERX SERVICES (down 0.5%) are among the top losers today.

Over the last one year, KPIT TECHNOLOGIES has moved up from Rs 66 to Rs 291, registering a gain of Rs 225 (up 336.0%).

On the other hand, the BSE IT has moved up from 17,438 to 30,727, registering a gain of 13,289 points (up 75.8%) during the last 12 months.

The top buzzing stocks among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 532.9%), FIRSTSOURCE SOLUTIONS (up 433.3%) and TATA ELXSI (up 364.6%).

RESPONSE PENDING: Your Invitation to Attend the Super Smallcaps Summit

What About the Benchmark Indices?

The BSE Sensex is at 53,009 (up 0.1%).

The top gainers among the BSE Sensex stocks today are HCL TECHNOLOGIES (up 2.1%), ULTRATECH CEMENT (up 1.4%) and TATA STEEL (up 1.0%). Other gainers include MARUTI SUZUKI (up 0.8%) and ICICI BANK (up 0.8%). The most traded stocks in the BSE Sensex are SBI and TATA STEEL.

In the meantime, NSE Nifty is at 15,876 (up 0.1%). The top gainers in the NSE Nifty include HCL TECHNOLOGIES (up 2.1%), SBI LIFE INSURANCE (up 1.7%) and TATA CONSUMER (up 1.3%). Other gainers include ULTRATECH CEMENT (up 1.2%) and TATA STEEL (up 1.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,419 to 53,009, registering a gain of 15,590 points (up 41.42%).

KPIT TECHNOLOGIES Financial Update...

KPIT TECHNOLOGIES net profit stood at Rs 470 million for the quarter ended March 2021, compared to a profit of Rs 430 million a year ago. Net Sales rose 4.5% to Rs 5.4 billion during the period as against Rs 5.2 billion in January-March 2020.

For the year ended March 2020, KPIT TECHNOLOGIES reported 166.8% increase in net profit to Rs 1.5 billion compared to net profit of Rs 550.0 million during FY19.

Revenue of the company grew 236.2% to Rs 22 billion during FY20.

The current Price to earnings ratio of KPIT TECHNOLOGIES, based on rolling 12 month earnings, stands at 54.8x.

What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "KPIT TECHNOLOGIES Share Price Up by 5%; BSE IT Index Up 0.6%". Click here!


Stock Market Updates

Indian Indices End Flat; Nestle, HDFC and ICICI Bank Among Top Losers (Today's Market)

Sep 22, 2021 Closing

Indian share markets witnessed volatile trading activity throughout the day today and ended on a flat note.

SHRIRAM CITY UNION Share Price Down by 5%; BSE 500 Index Up 0.4% (Today's Market)

Sep 22, 2021 03:02 PM

SHRIRAM CITY UNION share price is trading down by 5% and its current market price is Rs 2,287. The BSE 500 is up by 0.4%. The top gainers in the BSE 500 Index are ZEE ENTERTAINMENT (up 36.5%) and GUJARAT ALKALIES (up 12.0%). The top losers are SHRIRAM CITY UNION (down 5.2%) and DHFL (down 10.0%).

Sensex Trades Flat, Dow Futures Up by 200 Points (Today's Market)

Sep 22, 2021 12:30 pm

BSE Sensex is trading up by 4 points, while the NSE Nifty is up by 3 points.

TECH MAHINDRA at All Time High; BSE IT Index Up 1.1% (Today's Market)

Sep 22, 2021 10:28 AM

TECH MAHINDRA share price has hit an all time high at Rs 1,523 (up 4.2%). The BSE IT Index is up by 1.1%. Among the top gainers in the BSE IT Index today are TECH MAHINDRA (up 4.2%) and L&T INFOTECH (up 1.5%). The top losers include HEXAWARE TECHNOLOGIES .

Sensex Opens Flat; Tata Motors & NTPC Top Gainers (Today's Market)

Sep 22, 2021 09:30 am

Indian share markets open flat. The BSE Sensex opened up by 27 points, while the Nifty is trading higher by 9 points.

ZEE ENTERTAINMENT Share Price Up by 15%; BSE 500 Index Up 0.3% (Today's Market)

Sep 22, 2021 09:44 AM

ZEE ENTERTAINMENT share price is trading up by 15% and its current market price is Rs 294. The BSE 500 is up by 0.3%. The top gainers in the BSE 500 Index is ZEE ENTERTAINMENT (up 15.0%). The top losers are RELIANCE IND. and TRENT .

View More Indian Share Market News

Most Popular

5 Indian Companies that are Leading the AI Race(Views On News)

Sep 9, 2021

During the pandemic, India reported the highest increase in the use of AI at 45% compared to other major economies. AI has potential to add US$90 bn to the Indian economy by 2025.

5 Specialty Chemical Stocks that Turned Multibaggers in One Year(Views On News)

Sep 17, 2021

These specialty chemical stocks have surged 200% or more in the last year. Do you own any?

How to Create a Second Income from Trading(Profit Hunter)

Sep 10, 2021

My trading system that works in all kinds of markets.

A Rare Buying Opportunity in an Exciting Stock(Profit Hunter)

Sep 16, 2021

Whether agriculture sector goes through a structural transformation or not, this agrochemical stock has a good chance of winning.

5 Indian Companies with Over 7% in Dividend Yield(Views On News)

Sep 17, 2021

These stocks will give you better yields than bank deposits.


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2021
Get our special report Multibagger Stocks Guide (2021 Edition) Now!
We will never sell or rent your email id.
Please read our Terms


Sep 22, 2021 (Close)