Buy KPIT Technologies, target Rs 192: Chandan Taparia

Buy KPIT Technologies Ltd. at a price target of Rs 192.0 and a stop loss at Rs 174 from entry point.

Chandan Taparia of Motilal Oswal Securities has a buy call on KPIT Technologies with a target price of Rs 192.

The current market price of KPIT Technologies is Rs 181.50.

Time period given by the analyst is 'Intra Day' when KPIT Technologies price can reach defined target.

Chandan Taparia recommended to keep a stop loss at Rs 174.

KPIT Technologies, incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 3,562.88 Crore) operating in Information Technology sector.

The company’s top management includes Dr.R A Mashelkar, Mr.Adi Engineer, Mr.Anant Talaulicar, Mr.B V R Subbu, Mr.Kishor Patil, Mr.S B Ravi Pandit, Mr.Sachin Tikekar, Ms.Lila Poonawalla, Prof.Alberto Sangiovanni Vincentelli.
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Company has BSR & Co. LLP as its auditors.

As on 30-09-2017, the company has a total of 197,498,742 shares outstanding.
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