KPIT Tech Q3 Results Date 2023, KPIT Technologies is india’s fastest growing automobile software company. KPIT Tech was demerger with Birlasoft in 2019. KPIT Tech was founded by Kishor Patil and Ravi Pandit in pune.
KPIT is a global technology company with software solutions that will help mobility leapfrog towards autonomous, clean, smart and connected future. With 6000+ Automobelievers across the globe, specializing in embedded software, AI & Digital solutions.
Company enables customers accelerate implementation of next generation mobility technologies. With development centers in Europe, USA, Japan, China, Thailand and India.
KPIT Tech Q3 Results Date 2023
This is to inform you that pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Regulations), a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, January 31, 2023, inter-alia, to consider and approve the unaudited financial results of the Company along with the Limited Review Report for the quarter and nine months ended December 31, 2022.
Will KPIT Tech Announce Dividend in Q3 2023 ?
KPIT Tech Told ” this is to inform you that the Company has fixed Friday, February 10, 2023 as the Record Date for the purpose of determining the entitlement of the members for payment of interim dividend, if declared by the Board of Directors in their meeting scheduled to be held on Tuesday, January 31,2023. “
KPIT Tech announced dividend in Q3 2023, because company not give dividend to shareholders from last four quarters. KPIT Tech inform stock exchanges about board meeting.
Brokerage Rating on KPIT Technologies ?
Ashika Stock Broking has a ‘buy’ call on KPIT Technologies (KPIT Tech) with a target price of Rs 800, which was the IT firm’s record high level that it hit in January last year.
The brokerage said KPIT Tech has invested heavily in the technologies for automotive companies and continues to maintain its leadership position in this area. The company is positioned well to increase its focus on electric vehicles (EVs), especially in the US and Europe, Ashika Stock Broking said.
“KPIT’s revenue comes from the automobile software and it holds a competitive advantage in the software integration space. Its relationships with the top global OEM (original equipment manufacturer) clients have allowed them to become involved in numerous complicated production processes, allowing them to work on future software integration projects,” the brokerage added.
Goldman Sachs has a ‘buy’ call on the shares of KPIT Technologies with a target price of Rs 930 on its shares. The brokerage house says that company’s lateral hiring efforts are focused on senior architect level.