India, Jan. 15 -- The shares of this auto tech company are in focus after a global brokerage house, JP Morgan, cited numerous upticks in its business leading it one of its favourite picks in the industry. In this article, we will try to understand more about it.

With a market capitalisation of Rs 32,320 crore, the shares of KPIT Technologies Ltd closed at Rs 1,178.95 per share, up by 0.5 percent from its previous day's closing price of Rs 1,173.15 per share. Over the past five years, the stock has delivered a robust return of 770 percent, outperforming NIFTY 50's return of 78 percent.

Analyst Comments Leading global brokerage house, JPMorgan, has assigned an "Overweight" rating on KPIT Technologies and has fixed a target price of Rs 1,4...