KPIT Technologies Share Price Rises as Board Approves 100% Acquisition of Caresoft’s Global Engineering Solutions

Market Reaction

KPIT Technologies' share price increased on Tuesday after announcing a major acquisition deal.

The stock rose 1.4% intraday, reaching ₹1,267 apiece by 10:45 AM.

While the shares opened in red, slipping over 1.6%, they swiftly rebounded into green territory.

Over the past five sessions, the stock has gained more than 6% and surged 18.22% over the last month, showcasing strong investor interest.

Strategic Acquisition Announcement

KPIT Technologies revealed that its Board of Directors, in a meeting held on May 6, 2025, approved the 100% acquisition of the engineering solutions businesses of Caresoft Global Technologies across four countries:

• United States: Caresoft Global Technologies, Inc.
• United Kingdom: Caresoft Engineering Services Limited
• Mexico: CAREGLOTECH de RL de CV
• Italy: OXI SRL

This deal strengthens KPIT's foothold in engineering services tailored for Trucks, Off-highway vehicles, and Manufacturing Solutions.

Caresoft's Role and Synergies

Caresoft Global is well-regarded for its expertise in automotive benchmarking and cost-reduction engineering. The business will now be split into two segments:

• Benchmarking Business – Retained by Caresoft
• Engineering Solutions Business – Fully acquired by KPIT

Through this acquisition, KPIT gains access to:

• Deep client relationships in the commercial vehicle segment
• Strong domain expertise in the off-highway and truck verticals
• Enhanced capabilities to meet OEMs' demand for agile and cost-efficient solutions

Company Overview: KPIT Technologies

KPIT Technologies is a global leader in automotive software and mobility solutions.

The company is vital in enabling software-defined vehicles and partnering with leading OEMs to build a cleaner, more innovative, safer automotive future.

With this acquisition, KPIT aims to accelerate its strategic growth, especially in commercial vehicles and expansion into China.

Summary

• KPIT Technologies share price gained up to 1.4% after acquisition news
• The company is acquiring 100% of Caresoft's global engineering solutions operations
• The move is expected to boost KPIs's capabilities in the truck, off-highway, and manufacturing segments
• The acquisition aligns with KPIs's vision of strengthening its presence in the automotive and mobility ecosystem

This strategic development could position KPIT Technologies as competitive in the fast-evolving mobility landscape.