KPIT Technologies Ltd share Price Today

KPIT Technologies Ltd. is an Indian multinational corporation that provides software solutions to automotive companies. It was incorporated in 1990 with its headquarters in Pune, Maharashtra. The company’s total income for the quarter ended 31 March 2022 was Rs. 664.81 crore, up 5.37% from the previous quarter. On 15 June 2022, the company’s market capitalisation stood at Rs. 13,193 crore.

The company is listed on the Bombay Stock Exchange with the code 542651, and on the National Stock Exchange with the code KPITTECH.

KPIT was co-founded by Ravi Pandit and Kishor Patil, who are both chartered accountants by profession. The company was originally named KPIT Infosystems. In 2019, the company issued its initial public offer, which was oversubscribed by 50 times.

KPIT provides software solutions in the form of products and services to automotive companies. Its business is classified into six divisions, namely, Vehicle Diagnostics, Autonomous Driving, Connected Vehicles, AUTOSAR, Mechatronics, and Electric and Conventional Powertrain. The company’s clients include DICV, Paccar, Cummins, BMW, Lafarge, and GM, among others.

In 2021, Frost & Sullivan honoured KPIT Technologies with the Global Over-the-Air (OTA) and Cloud Platform Technology Innovation Leadership Award. The company’s top management comprises Mr Ravi Pandit as Chairman & Group CEO and Mr Kishor Patil as Managing Director & CEO. Mr Sachin Tikekar, Mr Alberto Sangiovanni Vincentelli, Mr B V R Subbu, Mr Anant Talaulicar, Ms Priyamvada Hardikar, and Mr Nickhil Jakatdar are the other board members.

The company’s shareholding pattern as of 31 March 2022 showed a 40.11% stake with the promoters, a 17.10% stake with Foreign Institutional Investors, an 11.21% stake with Domestic Institutional Investors, and a total 31.58% stake with the public. The leading promoter share is with Proficient Finstock LLP, with a 32.41% stake.

On 15 June 2022, KPIT’s share price on NSE closed at Rs. 481.25. KPIT’s share price on BSE closed at Rs. 481.05. The share price of KPIT fell by 15.50% and 14.90% on NSE and BSE, respectively, from the closing price of the previous day, 9 June 2022. The 52-week high for KPIT Technologies Ltd.’s share price was Rs. 800.00, and the 52-week low for KPIT Technologies’ share price was Rs. 221.65.

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KPIT Technologies share price as on 19 Apr 2024 is Rs. 1397.6. Over the past 6 months, the KPIT Technologies share price has increased by 13.7% and in the last one year, it has increased by 62.78%. The 52-week low for KPIT Technologies share price was Rs. 840.7 and 52-week high was Rs. 1764.