KPIT Tech Stock Hits 11% Drop, Shows Weak Performance for September

Shares of KPIT Technologies Ltd. fell nearly 11% on 30 September, marking their worst single-day decline in almost 12 months. The last time the stock experienced such a sharp fall was in October 2024, when it dropped over 14%.

This decline highlights the ongoing weakness in the stock’s performance, as it has now fallen in seven of the last eight trading sessions, losing close to 20% over this period.

Negative Trend for September and Beyond

With this latest drop, KPIT Technologies share price has turned negative for September. The stock has also recorded losses for four consecutive months, with positive monthly returns seen only in March and May this year. On a year-to-date basis, the stock is down 23%, making it the worst year for KPIT Tech since its listing in 2019.

The stock has slipped into oversold territory, with the Relative Strength Index (RSI) falling to 29. Typically, an RSI below 30 indicates that the stock is oversold, signalling that it may be undervalued compared to its recent performance.

Trading Volume Surges

Trading volumes for KPIT Tech saw a significant increase in the final minutes of the trading session. As of 2:45 PM on September 30, 2025, around 23 lakh shares had changed hands, compared to the 20-day average of 7 lakh shares. This spike in activity shows heightened interest and movement in the stock amid the sharp price decline. At 2:49 PM IST, KPIT Tech shares were trading 10.4% lower, at ₹1,084.50.

Shareholding Patterns

Domestic mutual funds hold a 14% stake in KPIT Tech as of the end of the June quarter. Key investors include Motilal Oswal Nifty Midcap 100 ETF (1.73%), Mirae Asset Large and Midcap Fund (2.74%), HSBC Conservative Hybrid Fund (1.02%), Canara Robeco MF (3.03%), and DSP MF (1.15%).

Life insurance companies also hold notable stakes, with Life Insurance Corporation of India, ICICI Prudential Life Insurance, and HDFC Life Insurance owning between 1.25% and 1.7%. Interestingly, the Massachusetts Institute of Technology holds a 3.11% stake in the company.

Read more: Tata Investment Share Price Hits 52-week High, Up by 29% in Last One Week

Conclusion

KPIT Tech’s sharp decline on 30 September, coupled with negative monthly returns over four consecutive months, highlights a challenging period for the stock. While the recent surge in trading volumes indicates active market interest, investors are closely monitoring its performance. The combination of oversold conditions and high institutional stakes suggests that the stock remains a closely watched midcap in India’s technology sector.

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