2 KPITTECH share price target reports by brokerages below. See what is analyst's view on KPITTECH share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
We expect KPIT Technology to report an EPS of Rs.6.2/share in FY20E and an EPS of Rs.8.2/share in FY21E supported by growth in Passenger Cars, Commercial vehicles and New Mobility vertical. The company has maintained its guidance of CC revenue growth in the range of 16-18% with EBITDA margins in the 14-15% range in FY20 supported by good growth across geographies such as the U.S., Europe and Asia. The company also expects ROE to be above 16% in FY20 and 20% plus in the medium term. On a conservative note, we recommend ADD on KPIT with a target price of Rs.86.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.