KPIT Technologies Ltd makes further investment of Euro 5 million in KPIT Technologies GmbH

KPIT Technologies Limited ("the Company") has further invested € 5 million in KPIT Technologies GmbH, a wholly-owned step-down subsidiary of the Company.

KPIT Technologies GmbH provides Engineering services to its customers predominantly in Automotive that include major Automotive OEMs and Tier 1 Companies.

KPIT Technologies GmbH is a German company with current employee strength of 369 employees. It is headquartered in Munich, Germany.

Shares of KPIT Technologies Limited was last trading in BSE at Rs. 1128.30 as compared to the previous close of Rs. 1086.60. The total number of shares traded during the day was 106472 in over 6264 trades.

The stock hit an intraday high of Rs. 1133.95 and intraday low of 1077.15. The net turnover during the day was Rs. 117967190.00.

Source : Equity Bulls

Keywords

KPITTechnologies INE04I401011 FurtherInvestment KPITTechnologiesGmbH