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KPIT technology LTD

Discussion in 'Fundamental Analysis' started by masihpatel, Oct 5, 2013.

  1. masihpatel

    masihpatel Active Member

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    This stock is making Higher Top and Higher Bottom since May'13. Please share your views about fundamentals of stock or it is just because of weakening of Rs.? Is it right time to buy this stock?
     

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    masihpatel, Oct 5, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    Yes with a stop of 130, stock looks good technically.

    Fundamentally this stock is doing good sales number for last 4 years in a row. So chances of it continuing is high as well.

    So now let us look into other aspects of this stock.

    Reported Net profit has not increase as much as sales number.
    EPS has been constant indicating they have added more shares in last 4 years.

    Fundamentally stock looks OK and technically Awesome and so I don't see a reason for it to be doing anything bad in the software sector though they focus mainly in Automotive, Manufacturing, Energy & Utilities.

    So I think this should be a good stock fundamentally as well as technically.
     
    shabbir, Oct 5, 2013
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  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    As per fundamental it is must buy stock, no ques. about it.

    As per technical it is must buy stock too but for long term and medium term.

    For short term ok kind, means best to wait for a break out above 160.
    If any one want to buy just now only then he should follow stop loss of 128-130 religiously and exit @ 150-155.
    :)
     
    sanjay_sansanwal, Oct 5, 2013
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  4. masihpatel

    masihpatel Active Member

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    Thanks Shabbir and Sanjay for sharing your detail analysis.
     
    Last edited: Oct 5, 2013
    masihpatel, Oct 5, 2013
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