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kpit tech shares: Fundamental Radar: KPIT Tech well placed to revive long-term growth momentum, says Axis Securities

Brokerage Axis Securities has initiated coverage on the stock with a “buy” rating and believes KPIT Technologies is well-placed to revive its growth momentum. The brokerage has a price target of Rs 1,500 for the stock.
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Rs 113 to Rs 1,200: This IT stock turned into a multibagger in three years; time to buy, sell or hold?

Shares of KPIT Technologies Ltd have turned into multibagger in the last three years. The IT stock, which closed at Rs 113.45 on October 12, 2020 was trading at Rs 1201 in the current session, delivering 962% returns during the period. An amount of Rs 1 lakh invested in KPIT Technologies stock three years ago would have turned into Rs 10.57 lakh today. In comparison, Sensex has risen 63.44 per cent during the period. The stock touched its all-time high of Rs 1237.80 in the last session (October ...
Gaurav Bissa Vaishali Parekh Global Research Avp Technical Research Analysis At Prabhudas Lilladher Whilelt Technology Services Technologies Ltd

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