Buy KPIT Technologies, target Rs 320: Manas Jaiswal
Buy KPIT Technologies Ltd. at a price target of Rs 320 and a stoploss at Rs 290 from entry point.
By ETMarkets.com | Updated:
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Manas Jaiswal of manasjaiswal.com has a buy call on KPIT Technologies Ltd. with a target price of Rs 320.0 . The current market price of KPIT Technologies Ltd. is Rs 302.0 Time period given by analyst is Intra Day when KPIT Technologies Ltd. price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 290. KPIT Technologies Ltd., incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 5942.74 Crore) operating in Information Technology sector.
KPIT Technologies Ltd. key Products/Revenue Segments include Software Development Charges which contributed Rs 1297.50 Crore to Sales Value (98.12 % of Total Sales) and Intelligent Transport System which contributed Rs 24.83 Crore to Sales Value (1.87 % of Total Sales)for the year ending 31-Mar-2017.
For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 966.43 Crore, up 5.88 % from last quarter Sales of Rs 912.77 Crore and up 12.69 % from last year same quarter Sales of Rs 857.57 Crore Company has reported net profit after tax of Rs 83.85 Crore in latest quarter.
The company’s top management includes Dr.Klaus Hermann Blickle, Dr.R A Mashelkar, Mr.Adi Engineer, Mr.Anant Talaulicar, Mr.Anjan Lahiri, Mr.B V R Subbu, Mr.Kishor Patil, Mr.Nickhil Jakatdar, Mr.S B Ravi Pandit, Mr.Sachin Tikekar, Ms.Alka Bharucha, Ms.Lila Poonawalla, Prof.Alberto Sangiovanni Vincentelli. Company has BSR & Co. LLP as its auditoRs As on 30-06-2018, the company has a total of 197,498,742 shares outstanding.
KPIT Technologies Ltd. key Products/Revenue Segments include Software Development Charges which contributed Rs 1297.50 Crore to Sales Value (98.12 % of Total Sales) and Intelligent Transport System which contributed Rs 24.83 Crore to Sales Value (1.87 % of Total Sales)for the year ending 31-Mar-2017.
For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 966.43 Crore, up 5.88 % from last quarter Sales of Rs 912.77 Crore and up 12.69 % from last year same quarter Sales of Rs 857.57 Crore Company has reported net profit after tax of Rs 83.85 Crore in latest quarter.
The company’s top management includes Dr.Klaus Hermann Blickle, Dr.R A Mashelkar, Mr.Adi Engineer, Mr.Anant Talaulicar, Mr.Anjan Lahiri, Mr.B V R Subbu, Mr.Kishor Patil, Mr.Nickhil Jakatdar, Mr.S B Ravi Pandit, Mr.Sachin Tikekar, Ms.Alka Bharucha, Ms.Lila Poonawalla, Prof.Alberto Sangiovanni Vincentelli. Company has BSR & Co. LLP as its auditoRs As on 30-06-2018, the company has a total of 197,498,742 shares outstanding.
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