KPIT Cummins strengthens on unveiling new generation diagnostics products

10 Jul 2013

KPIT Cummins Infosystems is currently trading at Rs. 124.95, up by 0.90 points or 0.73% from its previous closing of Rs. 124.05 on the BSE.

The scrip opened at Rs. 124.40 and has touched a high and low of Rs. 125.15 and Rs. 124.40 respectively. So far 1946 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 142.00 on 12-Sep-2012 and a 52 week low of Rs. 92.40 on 28-Mar-2013.

Last one week high and low of the scrip stood at Rs. 125.15 and Rs. 117.00 respectively. The current market cap of the company is Rs. 2395.24 crore.

The promoters holding in the company stood at 24.31% while Institutions and Non-Institutions held 42.63% and 33.06% respectively.

KPIT Cummins Infosystems, a global product engineering and IT consulting partner to automotive, manufacturing and energy & utilities corporations, has launched its new generation diagnostics products - ‘In2Soft Diagnostic Tools’. The enhanced version comes with features that ensure smoother and more seamless diagnostics for the OEMs.

The new products significantly reduce the time needed for typical diagnostic use-cases like creation of diagnostic data, commissioning and validation of ECU, provide flexibility across every kind of ECU project and are highly user friendly.

KPIT Cummins Infosystems, an IT consulting and product engineering partner, is focused on co-innovating domain intensive technology solutions for global automotive & transportation, manufacturing and energy & utilities companies.

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