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KPIT Technologies on Tuesday reported a 55 per cent jump on a year-on-year (YoY) basis in the net profit at Rs 155.33 crore in the quarter ended on December 31, 2023. ....
Infosys was mutual funds' top IT pick in May. Fund managers bought a net Rs 1,545.18 crore worth of Infosys shares for the month as they upped stake in the IT firm to 16.65 per cent from 16.36 per cent.
Jindal Saw (391 basis points), Celebrity Fashions (368 basis points) and KPIT Tech (316 basis points) were a few other stocks where FPIs increased their stakes by at least 300 basis points in the March quarter sequentially.