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An update from KPIT Technologies Limited ( (IN:KPITTECH) ) is now available.
KPIT Technologies Limited has announced the completion of its acquisition of Caresoft, a move that involved renegotiating the total consideration to $157 million, including $15 million in variable pay. This acquisition, which required an infusion of capital into its UK and US subsidiaries, is expected to strengthen KPIT’s position in the automotive and mobility solutions market by integrating Caresoft’s capabilities.
More about KPIT Technologies Limited
KPIT Technologies Limited is a company operating in the technology sector, focusing on providing engineering services and solutions. The company has a market focus on automotive and mobility solutions, leveraging its expertise to enhance its offerings in these industries.
Average Trading Volume: 60,169
Technical Sentiment Signal: Sell
Current Market Cap: 332.5B INR
For a thorough assessment of KPITTECH stock, go to TipRanks’ Stock Analysis page.