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.
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.
Data showed retail holding in Zensar Technologies soared 887 basis points (or 8.87 percentage points) to 19.76 per cent in September quarter from 10.89 per cent in the December 2021 quarter. This stock sank 59 per cent year-to-date
KPIT Technologies stock gained 5.36 per cent to Rs 719.95 against the previous close of Rs 683.30 on BSE. Market cap of the firm rose to Rs 19,519 crore on BSE today