Stock of this IT company has zoomed over 1,200% in 3 years

On Wednesday, KPIT Technologies announced its partnership with Honda to realize the journey of Honda's Software-Defined Mobility (SDM)

Shares of KPIT Technologies moved higher by 7 per cent to Rs 874.95 on the BSE in Friday's intra-day trade, in an otherwise volatile market, amid heavy volumes. The stock of the information technology (IT) company had hit a record high of Rs 876 on February 17, 2023.

In the past three years, the market price of KPIT Technologies has zoomed 13 times, or 1,248 per cent, as compared to 89 per cent rise in the S&P BSE Sensex. At 12:12 PM, it was trading 6 per cent higher at Rs 867.60, as against 0.06 per cent decline in