Thursday, April 20, 2017

KPIT - Avoid



Company Background :
KPIT Technologies Limited is a technology company. The Company is engaged in computer programming, consultancy and related activities. The Company's business segments include Auto, IES, SAP and Others. 

It provides software development, global information technology (IT) consulting and product engineering solutions to its clients, in automotive and transportation; energy and resources; consumer and industrial manufacturing; life sciences, and utilities verticals.

The Company's geographical segments include USA, UK & Europe and Rest of World. It is also engaged in the production of Integrated Systems, under product engineering solutions vertical. Its products include KIVI-Infotainment Platform, Konnect, K-SAR-AUTOSAR Suite, Medini Analyze-Functional Safety Tool, Medini Unite, On-Bus Intelligent Transport System and Revolo.

It offers domain solutions for the energy and utilities vertical in Systems Applications and Products (SAP), Oracle and Java Development Environment (JDE).

Stock Performance :
IT will continue to trade flat as the scrip is going nowhere since quite sometime

Recommendation :
Avoid

Smart Investor -
Equity Research

No.24 Pattamal Plaza
3rd Cross Kammanahalli
BANGALORE 560084

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