KPIT Technologies trades with traction on the bourses

10 Feb 2015

KPIT Technologies is currently trading at Rs. 212.80, up by 4.95 points or 2.38% from its previous closing of Rs. 207.85 on the BSE.

The scrip opened at Rs. 207.95 and has touched a high and low of Rs. 218.40 and Rs. 206.85 respectively. So far 260488 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 232.70 on 23-Jan-2015 and a 52 week low of Rs. 140.00 on 20-May-2014.

Last one week high and low of the scrip stood at Rs. 224.35 and Rs. 207.00 respectively. The current market cap of the company is Rs. 4225.43 crore.

The promoters holding in the company stood at 21.78%, while Institutions and Non-Institutions held 42.54% and 35.68% respectively.

KPIT Technologies has been honored with the ‘Project Development Excellence’ Award 2014 by Volvo Buses India. The award recognizes KPIT’s quick project delivery that included hardware and software integration for the On Bus Intelligent Transportation Systems (ITS). ITS is critical to create improved urban transport in India enabling bus fleet owners and state transport authorities to gather and analyze data from the buses.

KPIT’s expedient deployment and integration helped Volvo become the first OEM to complete homologation of their buses with ARAI (Automotive Research Association of India) and CIRT (Central Institute of Road Transport). Designed for 24x7 uninterrupted operation, KPIT’s robust auto-grade On-Bus ITS, is tailored for Indian operating conditions, superseding several global specifications and is approved by ARAI as per UBS II specifications.

KPIT Technologies, one of the fastest growing global IT consulting and product engineering partners, is focused on co-innovating domain intensive technology solutions for corporations, specializing in automotive & transportation, manufacturing, and energy & utilities.

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