India's KPIT Technologies climbs on upbeat Q2 results

KPIT Technologies

30/10/2023 07:20

** Shares of KPIT Technologies  KPIE.NS  rise over 7.5% in
biggest intraday pct climb since July 24
    ** Co's posts ~69% jump in Q2 consol net profit, rev from
ops grew 61%
    ** More than 1.3 shares changed hands by 12:41 p.m. IST,
1.5x 30-day avg
    ** Avg recommendation of 11 analysts is close to equivalent
of 'hold,' median PT is 1,310 rupees - LSEG data
    ** Stock last up 6.91%, taking YTD gains to ~70%

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))