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Rs 68 to Rs 1,085: This IT stock turned into a multibagger in three years; buy, sell or hold?

Shares of KPIT Technologies Ltd have turned into a multibagger in the last three years. The IT stock, which closed at Rs 68.5 on July 17, 2020 ended at Rs 1,084.85 in the previous session, delivering 1,483% returns during the period. An amount of Rs 1 lakh invested in KPIT Technologies stock three years ago would have turned into Rs 15.83 lakh today. In comparison, Sensex has risen 81.25 per cent during the period. The stock touched an all-time high of Rs 1159.95 on June 7, 2023 and a 52 week low of Rs 500 on June 19, 2022.

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