Birlasoft Ltd.

KPIT Cummins Infosystems is currently trading at Rs. 109.50, up by 0.20 points or 0.18% from its previous closing of Rs. 109.30 on the BSE.

The scrip opened at Rs. 109.50 and has touched a high and low of Rs. 111.20 and Rs. 109.25 respectively. So far 3845 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. 73.80 on 13-Apr-2012.

Last one week high and low of the scrip stood at Rs. 114.85 and Rs. 105.05 respectively. The current market cap of the company is Rs. 2114.26 crore.

The promoters holding in the company stood at 24.33% while Institutions and Non-Institutions held 41.05% and 34.62% respectively.

KPIT Cummins Infosystems has received an approval for investment in KPIT Infosystems, UK, for funding of potential future acquisition, by way of loan or equity. The board of company at its meeting held on February 23, 2013 has approved for the same.

The board has also approved for investment in KPIT Infosystems Inc., USA for funding of potential future acquisition, by way of loan or equity.

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.