InvestorQ : Why has KPIT been in the midst of such a sharp rally?
Katherine Gonsalves made post

Why has KPIT been in the midst of such a sharp rally?

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rhea Babu answered.
5 months ago
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KPIT Technologies rallied 7% on Tuesday to touch a new high of Rs.595. However, its longer range movement is a lot more interesting. For example, the stock has surged 30% in 6 days and the stock is actually up 93% since start of November, supported by higher volumes. KPIT had upgraded its FY22 growth outlook from 18% to 20%. KPIT focuses on power trains and also has a strong EV franchise. It was recently also upgraded by ICRA.

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