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KPIT Technologies hits a new high with a decisive breakout. What should you do?

Analysts say outlook remains bullish for KPIT Technologies, which stock price has experienced a strong upward movement after breaking out from the ascending triangle pattern at Rs 948

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KPIT Technologies hits record high, sees Triangle breakout. Experts see possible upmove towards Rs 1,150

The stock also formed bullish candlestick pattern with long lower shadow on the monthly charts, indicating buying at lower levels, with continuing higher highs formation for fifth consecutive month.

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KPIT Technologies gains 6% on healthy Q4 numbers, revenue up 11%

KPIT Technologies expects revenue growth in the range of 27-30 percent in constant currency and EBITDA margin at 19-20 percent for FY24

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