KPIT Cummins has target of Rs 135: Gujral

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KPIT Cummins has target of Rs 135: Gujral

KPIT Cummins Infosystems has target of Rs 135, says Technical Analyst, Ashwani Gujral.

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KPIT Cummins Infosystems has target of Rs 135, says Technical Analyst, Ashwani Gujral .

Gujral told CNBC-TV18, "KPIT Cummins Infosystems hit a high of Rs 140 and then corrected back to Rs 110. Now it started showing good moves on the upside on decent volume. So, this is the call for the day and we could see targets of closer to Rs 135 in the short run."

KPIT Cummins touched an intra day high of Rs 131.30 and an intra day low of Rs 126.25. At 14:24 hrs the share was quoting at Rs 127.75, up Rs 3.10, or 2.49% with volumes of 390,891 shares.

Its Market Cap is of Rs 997.13 crore. Currently the share is 502.59% above the 52-week low of Rs 21.20. The company's trailing 12-month (TTM) EPS was at Rs 11.35 per share.