Mobility Solutions Drive KPIT’s Profits
The auto-focused software and engineering firm catapults to the top 10 in The Next 500 list as it bets on end-to-end architecture for global automakers.
The auto-focused software and engineering firm catapults to the top 10 in The Next 500 list as it bets on end-to-end architecture for global automakers.
In the March quarter, the company’s profit stood at ₹111.58 crore, up 38.5% YoY from ₹80.58 crore in the same period last year.
JP Morgan has set a price target of ₹520 on the counter, implying a potential downside of 44% on its closing price on Friday.
The partnership will power Honda's Software-Defined Mobility (SDM) roadmap until 2030.