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KPIT Tech shares hit by downgrades, target price cuts. What JPMorgan and other brokerages said
KPIT Technologies shares plunged after the company issued a weak preliminary Q1 FY27 business update, prompting several brokerages, including JPMorgan and JM Financial, to downgrade the stock and cut target prices. While analysts remain optimistic about the company's long-term prospects, they expect near-term earnings and growth to remain under pressure.
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economictimes.indiatimes.com
KPIT Tech shares in focus as company expects Q1 revenue decline, sharp hit to margins. Crash ahead?
KPIT Technologies anticipates a significant drop in its first-quarter FY27 financial performance, with revenue expected to decline by approximately 1% year-on-year. This downturn…
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thehindubusinessline.com
6 lakh retail investors, LIC, MIT suffer as KPIT Tech stock nosedives 17%
