Wednesday 29 April 2015

KPIT Technologies tanks 20% on weak Q4 results @ Stocks Investmnet Ideas By Moneymaker Research PVT. LTD


 Shares of KPIT Technologies is locked in lower circuit of 20% at Rs 124, also its 52-week low on the NSE, after reporting a 23% quarter on quarter decline in its consolidated net profit at Rs 50.31 crore for the quarter ended March 2015 (Q4). The IT consulting & services firm had profit of Rs 65.33 crore in December 2014 quarter.Net revenues declined by 2.2% at Rs 762 crore on sequential basis. EBITDA margins stood at 5.26% against 13.84% in previous quarter.


Investment Ideas By Moneymaker Expert

@ Sell VAKRANGEE LTD below 109 targets 112 stop loss 101.

@ Buy AMTEK INDIA above 103 targets 106 stop loss 102.  

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