Who is KPIT Technologies Limited?

KPIT Technologies Limited is an Indian multinational corporation which provides embedded software and product engineering services to automotive companies. Popularly known as KPIT, the company is headquartered in Pune and has development centers in Europe, USA, Japan, and China, apart from India.

What is the market cap of KPIT tech stock?

Within the IT Software sector, KPIT Tech stock has a market cap rank of 12. KPIT Tech has a market cap of Rs 40,052.41 Cr. 3.

Why did Cummins change its name to KPIT Technologies Limited?

KPIT Cummins Infosystems changed its name to "KPIT Technologies Limited" in September 2013. This was in line with Cummins' decision to reduce its shareholding in KPIT, to focus on its core business of engine and generator manufacturing.

How will Birlasoft & KPIT Technologies work together?

According to the original plan, the shareholders of Birlasoft would receive 22 shares of the combined company for every 9 shares they hold in Birlasoft, and the shareholders of KPIT Technologies would receive 1 share of the new company working under the name of KPIT Technologies, for every share they hold in KPIT Technologies.