9.25 (1.51%) 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.