MoneyWorks4Me

Massachusetts Institute of Technology sells 1.45% stake in KPIT Technologies

30 Jul 2026 Evaluate

Massachusetts Institute of Technology (MIT) has slashed its stake in the KPIT Technologies through an open market deal worth around Rs 243.64 crore. MIT has offloaded 40 lakh shares, representing 1.45% stake, at an average price of Rs 609.09 apiece.

KPIT Technologies is a global technology company with software solutions that will help mobility leapfrog towards an autonomous, clean, smart and connected future.

Peers
Company Name CMP
TCS 2315.00
Infosys 1087.55
HCL Technologies 1336.95
Wipro 170.90
Tech Mahindra 1558.40
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