AIET Techabout 2 hours ago
KPIT warning sinks IT stocks
3 min read
KPIT Technologies shares fell 17% after warning of weak revenue growth in the first two quarters of FY27, citing sudden actions by European OEMs. The warning dragged down mid-cap IT stocks including Coforge and Tata Elxsi, intensifying investor concerns over AI's impact on India's software services sector.
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