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KPIT Tech shares sink 17%, see worst plunge since 2020 Covid crash. Time to buy or more pain ahead?
KPIT Technologies shares dropped to a fresh 52-week low on Wednesday after the company warned of weaker-than-expected Q1 FY27 revenue and margin performance due to a sudden slowdown in orders from European automakers. Technical analysts caution that the stock remains under pressure, with key support seen around the Rs 550 level.
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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%
