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KPIT Technologies Ltd drops for fifth straight session

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Capital Market

The stock is quoting at Rs 278.55, down 4.46% on the day as on 13:19 IST on the NSE. KPIT Technologies Ltd jumped 134.96% in last one year as compared to a 11.99% rally in NIFTY and a 48.9% spurt in the Nifty IT index.

KPIT Technologies Ltd fell for a fifth straight session today. The stock is quoting at 278.55, down 4.46% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.67% on the day, quoting at 11159.25. The Sensex is at 36911.15, down 0.57%.KPIT Technologies Ltd has eased around 5.91% in last one month.Meanwhile, Nifty IT index of which KPIT Technologies Ltd is a constituent, has increased around 3.32% in last one month and is currently quoting at 16063.95, down 1.45% on the day. The volume in the stock stood at 11.89 lakh shares today, compared to the daily average of 18.82 lakh shares in last one month.

 

The benchmark September futures contract for the stock is quoting at Rs 283.45, down 3.23% on the day. KPIT Technologies Ltd jumped 134.96% in last one year as compared to a 11.99% rally in NIFTY and a 48.9% spurt in the Nifty IT index.

The PE of the stock is 27.56 based on TTM earnings ending June 18.

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First Published: Sep 21 2018 | 1:35 PM IST

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