KPIT Tech Surges 30% From April Low—What Should Investors Do Next?

KPIT Technologies Ltd, a prominent name in India's IT sector, has rallied over 30% from its 52-week low in April 2025. This sharp recovery comes after a five-week consolidation phase, resulting in a breakout on the weekly chart. On the daily chart, the stock is also nearing a potential Cup and Handle breakout pattern, often seen as a bullish continuation signal.

Market experts believe this momentum may offer a short-term trading opportunity. For those with a high-risk appetite, KPIT is being recommended for a target price of ₹1,520 within the next 3-4 weeks, provided overall market sentiment remains stable.

Disclaimer: Traders are advised to maintain a strict stop-loss and assess their risk exposure before entering any position.