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KPIT Technologies eyes 18% operating margin in medium term

31 Jan 2020 Evaluate

KPIT Technologies is targeting operating margin up to 18 per cent in the medium term. To boost employee morale, the company is planning to allocate shares to 70 per cent of its over 7,000 employees by March as against only 20 per cent who own the company at present.

KPIT is a global technology company focused on automotive engineering and mobility solutions. Leveraging the company’s two decades of experience in automotive engineering, KPIT is building engineering solutions and products to create safe, smart, and sustainable mobility in India and other developing countries.

Peers
Company Name CMP
TCS 2510.25
Infosys 1177.60
HCL Technologies 1435.20
Wipro 194.50
Tech Mahindra 1805.05
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