KPIT Technologies share price surged as much as 1.4 per cent in Tuesday’s trading session after the company announced 100 per cent acquisition of Caresoft’s Global Engineering Solutions.
At 10:45 am, KPIT Technologies shares were trading at ₹1,267 apiece. The stock had opened in red, falling over 1.6 per cent in early trade, however, recovered quickly turning in green.
“We hereby inform that, the Board of Directors at its meeting held on May 06, 2025, has approved the 100% acquisition of – Caresoft Global Technologies, Inc.; United States of America, Caresoft Engineering Services Limited, United Kingdom; CAREGLOTECH de RL de CV, Mexico; OXI SRL, Italy,” the company said in an exchange filing.
(This is a developing story)
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