KPIT Technologies: A Rising Star in the Stock Market

KPIT Technologies Ltd, a top Indian IT firm, has seen a big rise. Its stock has jumped over 30% since April 2025. The shares have done well. They moved up after five weeks of steady trading. On daily charts, they are close to forming a key pattern.

Understanding KPIT Technologies’ Stock Journey

The company’s shares reached Rs 1,928 in July 2024. Then, they lost speed and dropped. By June 2025, the price was Rs 1,393. That’s a 27% fall.

After a low of Rs 1020 in April 2025, the stock started to bounce back. This low matched the 200-week average.

Since April 2025, the shares have risen by 36%. This shows strong buyer interest. If this keeps up, the price could hit Rs 1,500.

Important Points to Note

• The stock broke through a 5-week steady period last week.
• It is near a key point around Rs 1,420-1,430 levels.
• Price checks show the stock trades below some key averages. But it stays above others in daily charts.
• The daily RSI is at 59.8. Numbers below 30 mean it’s oversold. Above 70 means it’s overbought.
• The daily MACD is above its center and signal line. This shows positive movement.

What Experts Say

Arpit Beriwal, an expert at Motilal Oswal Financial Services Ltd, shared his thoughts:

• “KPIT Technologies stock price has a good base on a monthly scale. On a weekly scale, the stock broke out after five weeks.”
• “On a daily scale, the stock is about to break out of a Cup and Handle pattern. This is a good sign and it’s holding well above its 20-day average.”
• “There’s strong buying interest in Midcap IT stocks. They are doing well despite market weakness.”
• “We suggest buying the stock. Keep a stop loss below Rs 1370. Aim for Rs 1520.”

Note: Stock market tips and views from experts are their own. They do not show the views of The Times of India.