Is KPIT a good stock to buy?

Is KPIT a good stock to buy?

The stock is currently trading at ₹306 on the share market, which means it is overvalued by 32% compared to my intrinsic value of ₹231.71. Not the best news for investors looking to buy! This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.

What happened to KPIT?

In January 2018, Birlasoft, an IT company, and KPIT announced that they will merge and immediately split into two new companies. In April 2018, this deal was approved by the Competition Commission of India. After the corporate spin-off of the new company, an IT company and an automotive company will be formed.

Is KPIT and Cummins same?

Company to focus on technology Pune-based IT consulting and product engineering solutions and services provider KPIT Cummins Infosystems has announced it is changing its name to KPIT Technologies Ltd. The change has become effective from July 25.

Is KPIT a Tier 1 company?

KPIT Technologies – Automotive tier 1 and tier 2 organisation provides services to global automotive manufacturers | Glassdoor.

Is Kpit good for long term?

Is KPIT Technologies a good long term investment? Past 10 years financial track record analysis and assessment of future prospects by Moneyworks4me indicates that KPIT Technologies Ltd is an average long term investment. However, you need to ensure you buy at a right price to earn good returns.

Who bought KPIT?

Birlasoft
KPIT’s IT Services business is merged with Birlasoft to form a leading $500M publicly listed Enterprise Digital and IT Services company – KPIT.

Who are the competitors of KPIT Technologies?

Competitors and Alternatives to KPIT Technologies

  • Oracle.
  • Accenture.
  • IBM.
  • Infosys.
  • Wipro.
  • Capgemini.
  • Deloitte.
  • LTI.

Who acquired Kpit?

How much capital does KPIT Cummins Infosystems have?

Kpit Cummins Infosystems (bangalore) Private Limited is a Private incorporated on 08 July 1994. It is classified as Non-govt company and is registered at Registrar of Companies, Bangalore. Its authorized share capital is Rs. 20,000,000 and its paid up capital is Rs. 9,600,000.

Who is KPIT and what do they do?

KPIT is a global technology company with software solutions that will help mobility leapfrog towards autonomous, clean, smart and connected future. With 6000+ Automobelievers across the globe, sp…

How many patents has KPIT filed to date?

Under his leadership, KPIT has filed more than 50 patents, has developed over 100 IPs in cutting-edge technology in its focus areas, and has won several national and international awards including the Wall Street Journal technology Innovation Award, and Knowledge@Wharton Technovation Award.