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KPIT Technologies is currently trading at Rs. 731.60, up by 48.30 points or 7.07% from its previous closing of Rs. 683.30 on the BSE.

The scrip opened at Rs. 689.95 and has touched a high and low of Rs. 735.00 and Rs. 685.50 respectively. So far 180117 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 800.00 on 10-Jan-2022 and a 52 week low of Rs. 423.25 on 23-Nov-2021.

Last one week high and low of the scrip stood at Rs. 735.00 and Rs. 671.75 respectively. The current market cap of the company is Rs. 19708.20 crore.

The promoters holding in the company stood at 40.11%, while Institutions and Non-Institutions held 30.40% and 29.49% respectively.

KPIT Technologies has been selected by Renault Group as a strategic software scaling partner for next-generation SDV programs. Renault Group is making significant investments and strategic partnerships to develop an industry-leading SDV platform. This platform will drive Renault Group's global growth over the following decades by delivering unmatched experience to end consumers and unlocking monetization over the length of vehicle ownership.

KPIT's two decades of experience in automotive and mobility software, cross-domain competencies, global scale, and ecosystem of alliance partners, along with the expertise in developing SDV roadmaps for several industry leaders, makes them best poised to contribute to Renault Group's vision. KPIT's global footprint, combined with access to a talent pool and robust training programs, will create the desired scale the program demands. Renault Group expects the SDV technology programs to drive value to its roadmap of vehicle production programs that will start from 2026.

KPIT is a global technology company with software solutions that will help mobility leapfrog towards an autonomous, clean, smart and connected future.