Is KPIT a good stock?

Is KPIT a good stock?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that KPIT Technologies Ltd is a good quality company.

Is Kpit a multibagger?

KPIT Technologies Ltd is a small-cap IT firm with a market capitalization of Rs 15,532.99 crore. On the NSE, the company’s shares rose from Rs 194 on April 28, 2021 to Rs 574 on April 28, 2022, 3:07 pm IST, a multibagger return of 196 per cent in a year.

Is Kpit share good for long term?

The market is a voting machine in the short term, but a weighing machine in the long term, so share price follows earnings per share (EPS) eventually. That means EPS growth is considered a real positive by most successful long-term investors. KPIT Technologies managed to grow EPS by 7.7% per year, over three years.

What happened to KPIT?

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

Is Kpit a good STOCK to buy for long term?

Which could be next multibagger stocks?

Best Multibagger Stocks to Buy – Summary Table

Sr. No Company Name Industry
1 Mishra Dhatu Nigam Iron & Steel Products
2 MAS Financial Finance-NBFC
3 Ultramarine & Pigments Specialty Chemicals
4 Deepak Nitrite Commodity Chemicals

Why is KPIT Tech share rising?

Speaking on the reason for rise in KPIT share price rally; Ravi Singhal, Vice Chairman at GCL Securities said, “The company has reported strong Q3FY22 numbers as it has registered 70 per cent year-on-year jump in its consolidated net profit in Q3FY22. Outlook for the stock looks positive in both short and medium term.

Is Kpit a birlasoft?

KPIT Technologies’ IT services arm merged with Birlasoft on January 15, 2019. Then the KPIT’s engineering services became a separate listed entity to focus on automotive software engineering.

Which is better KPIT or Birlasoft?

Based on verified reviews from real users in the Oracle Cloud Application Services, Worldwide market. Birlasoft has a rating of 4.4 stars with 9 reviews. KPIT Technologies has a rating of 4.7 stars with 12 reviews.