Urgent
Business·01/07/2026Résumé IA
KPIT Technologies Stock Plunges 17% on Revenue Slowdown Warning
KPIT Technologies' stock dropped 17% after warning of a Q1FY27 revenue slowdown due to cutbacks from European auto giants like BMW and Volkswagen. Analysts have downgraded the stock, citing a steeper revenue and profit margin hit, while KPIT anticipates recovery by Q4FY27.
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Economic Times3 min de lecture