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KPIT Technologies shines on expanding mobility solution portfolio

Date: 14-02-2018

KPIT Technologies is currently trading at Rs. 220.55, up by 5.25 points or 2.44% from its previous closing of Rs. 215.30 on the BSE.

The scrip opened at Rs. 215.30 and has touched a high and low of Rs. 221.80 and Rs. 215.30 respectively. So far 84638 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 226.75 on 08-Feb-2018 and a 52 week low of Rs. 104.60 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 226.75 and Rs. 204.00 respectively. The current market cap of the company is Rs. 4346.95 crore.

The promoters holding in the company stood at 18.93%, while Institutions and Non-Institutions held 52.24% and 28.83% respectively.

KPIT Technologies has expanded its mobility solution portfolio. The company has confirmed the availability of India’s first ARAI (Automotive Research Association of India)-certified AIS- (Automotive Industry Standard)-140 compliant vehicle telematics and emergency button solution.

ARAI is designed for Indian operating conditions and aligned to future AIS140 roadmap such as Vehicle Health Monitoring, CCTV Camera and Passenger Information System etc. It can seamlessly integrate with the governments' command center and send emergency alerts as mandated in the regulation. KPIT product is designed for easy installation on the aftermarket vehicles apart from new vehicles.

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.