KPIT Technologi. Reports Strong Financial Performance in Q4 2023

Jan 30 2024 01:25 PM IST
share
Share Via
KPIT Technologies has reported impressive financial results for the quarter ending Dec 2023. The company has seen a rise in sales, operating profit, and net profit, along with an improved operating profit margin. However, the increasing interest cost and debt-equity ratio should be monitored. MarketsMojo has given a 'Buy' call for the company's stock.

Overall, KPIT Technologi. has shown strong financial performance in the quarter ending Dec 2023. With increasing sales, operating profit, and net profit, the company is on a positive growth trajectory. The operating profit margin has also improved, indicating better efficiency. The company's earnings per share have also increased, creating higher value for shareholders. However, the rising interest cost and debt-equity ratio may be a cause for concern and should be monitored closely. Based on these financials, MarketsMOJO has given a 'Buy' call for KPIT Technologi. stock. Investors can look forward to a positive outlook for the company in the near future.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News