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KPIT Tech shares dive 13% in two sessions; here's what analysts say

KPIT Tech share price: The stock tanked 6.07 per cent to hit a day low of Rs 1,415. At this price, the scrip has declined 12.78 per cent in two days. Despite the mentioned fall, the multibagger counter has gained 106 per cent on a year-to-date (YTD) basis.
Jigars Patel Osho Krishan Technologies Ltd Technical Research Analyst At Anand Rathi Senior Research Analyst Angel One

KPIT Tech shares jump 32% in 2023 so far; can they hit Rs 1,000 in near term?

KPIT Tech share price: The counter's 14-day relative strength index (RSI) came at 62.48. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-equity (P/E) ratio of 90. It has a price-to-book (P/B) value of 18.22.
Prashanth Tapse Jigars Patel Gautam Singhania Technologies Ltd Technical Research Analyst At Anand Rathi Research Analyst

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