Are searching for KPIT technologies share price targets for the future, then you are in the right place. In this article, I am analyzing KPIT technologies based on fundamentals and technicals, and details are given below.
KPIT is one of the global technologies Companies with software solutions that help mobility leapfrog toward a clean, smart, and safe future.
The company specializes in automobiles with embedded software, artificial intelligence, and digital solutions.
The company accelerates the client’s implementation of next-generation technologies for the future mobility roadmap.
The company has global engineering centers in Europe, the USA, Japan, China, Thailand, and India.
KPIT works with global leaders in automotive and mobility and is present where the ecosystem is transforming.
The company offers solutions like autonomous Driving and ADAS, connected vehicles, Electric and Conventional power trains, vehicle diagnostics, Mechatronics, and outsoar.
On Jan 15 2019 the company announced a transaction of merger and demerger involving KPIT and Birla Soft as a part of the 1.6 billion dollars diversified Ck Birla Group.
Fundamentals of KPIT Technologies
| Sector | IT-Software |
| Market Cap | 23,433.81 Cr. |
| No. of shares | 27.41 Cr. |
| EPS | 10.66 |
| PE | 80.20 |
| PB | 18.28 |
| Dividend Yield | 0.36% |
| Sales growth | 47.10% |
| Profit growth | 154.60% |
Share Holding Pattern of KPIT Technologies
FII holding is more than 10% which is nearly 20.26% which indicates smart money interested in the company and they will that the company has good potential.
DII holding is 12.73 which is good for the company.
Public Holding is more than 26.91 which creates liquidity in the market. public holding below 10% is good for company stability.
Fundamental Analysis of KPIT Technologies
The company has 2.58 Cr. Debt in its balance sheet but the company has 448.14 Cr. Reserve in it, this indicates that the company can able to pay its debt. So Debt to equity ratio of the company is zero.
The sales of the company increased yearly, last year 1,180.99 Cr. Sales as compared to previous year sales 802.85 Cr. Last year’s sales growth is of 47.10% which is good growth for the company.
Last year’s net profit of the company was 238.12 Cr. As compared previous year of 93.53 Cr. Revenue also increases yearly.
The Company pays dividends to its investors as a part of the profit. On Feb 10. 2023 the company pays its interim dividend of 1.45 Rs which is 14.5 % of its share value.
The PE ratio of the company is 80.26 which is very high and indicates the company is now overvalued.
The return on equity of the company is 21.32% (higher is better) which is good for investors.
Technical Analysis of KPIT Technologies
From a long-term investment point of view, we are taking monthly charts to analyze the stock. On the monthly chart, the stock is making spinning bar candles near its all-time high. If the stock holds this level and sustains above 800, then the first target will be 881, the second target will be 1100 and the third target will be 1401.
If the stock fails to sustain the 800 level then its major support will be 659, the second support will be 576, and the third support will be 480.
After the breakout on 1 Dec 2020 from its all-time high the stock never touches a low. The stock is making higher highs and higher lows which indicates the stock has potential in its movement.
| Year | Minimum | Maximum |
| 2023 | 730 | 881 |
| 2024 | 843 | 1110 |
| 2025 | 1095 | 1401 |
| 2026 | 1386 | 1794 |
| 2027 | 1695 | 2246 |
| 2028 | 2195 | 3070 |
| 2029 | 3012 | 3573 |
| 2030 | 3521 | 3983 |
KPIT Share price target/Prediction/Forecast
KPIT Share price targets are based on price action analysis on the monthly chart. the price history gives a clear view of targets.
KPIT Share price target 2023
KPIT Share price target for 2023 minimum will be 730 and the maximum will be 881. The expected target will be 870.
KPIT Share price target 2024
KPIT Share price target for 2024 minimum will be 843 and the maximum will be 1110. The expected target will be 1078.
KPIT Share price target 2025
KPIT Share price target for 2025 minimum will be 1095 and the maximum will be 1401.
KPIT Share price target 2026
KPIT Share price target for 2026 minimum will be 1386 and the maximum will be 1794. The expected target will be 1751.
KPIT Share price target 2027
KPIT Share price target for 2027 minimum will be 1695 and the maximum will be 2246. The expected target will be 2231.
KPIT Share price target 2028
KPIT Share price target for 2028 minimum will be 2195 and the maximum will be 3070. The expected target will be 3045.
KPIT Share price target 2029
KPIT Share price target for 2029 minimum will be 3012 and the maximum will be 3573. The expected target will be 3561.
KPIT Share price target 2030
KPIT Share price target for 2030 minimum will be 3521 and the maximum will be 3983. The expected target will be 3974.
conclusion:
Investing in fundamentally and technically strong stocks is key to success in the stock market. This company has strong fundamentals and technicals. before going to any conclusion read all details carefully. if you like this article then share it with your friends and family rate us and comment below.
