Bengaluru, Aug. 26 -- The shares of this leading IT stock are in focus after certain upticks announced by the brokerage on its latest research report. In this article, we will try to understand the rationale behind this upside.

With a market capitalization of Rs 33,122 crore, the shares of KPIT Technologies Ltd are currently trading at Rs 1,208 per share, representing a decline of 37 percent from its 52-week high of Rs 1,919.95 per share. Over the past five years, the stock has delivered a multibagger return of 1,264 percent.

Analyst Comments Leading brokerage house, Motilal Oswal, has assigned a Buy call on the stock with a target price of Rs 1,600 per share, signalling an upside potential of 33 percent from its previous day's closing ...