KPIT Cummins has risen more than 10% to Rs 118 after the company launched automobile software, CLICKSERVICESMILE.com in Pune, in association with DSK Motors. The stock had opened at Rs 113 and has touched an intra-high of Rs 122 on the BSE. Around 376,000 equity shares have changed hands on the counter thus far.
The new software will allow the customers to view their cars and servicing process online. It will also be possible to view the car histories and records, besides facilitating the transfer of cars, purchases of second-hand cars and bill payments.
A car customer will have to register for the service and depending on the car model, he will get a complete list of service stations on his monitor.
KPIT Cummins is a global IT consulting and product engineering partner.
