KPIT Technologies shares gained over 4% on July 29 to reach Rs 627.70 ahead of its Q1FY27 earnings announcement. Despite near-term momentum and strength in the broader IT sector, the stock remains under medium-term pressure following institutional stake reductions and lower revenue expectations for upcoming quarters.

KPIT Technologies shares gained over 4% on July 29 to reach Rs 627.70 ahead of its Q1FY27 earnings announcement. Despite near-term momentum and strength in the broader IT sector,…

KPIT Technologies reported a 32% YoY decline in Q1 FY27 net profit to Rs 117 crore, but its shares surged 10% to Rs 662.65 as revenue grew 9% to Rs 1,675 crore, slightly topping…