KPIT Technologies faces earnings risk amid weak Q1 guidance
after close1 source ↓written by the desknot a recommendation
- set by Choice
- ₹780
- stock has fallen
- 52% in six months
- 67% in two years
Shares of KPIT Technologies are trading at ₹560.40, slightly up from the previous close of ₹558.70. Earnings risk remains as recovery in automotive engineering spend is delayed, with a price target of ₹780 set by Choice Institutional Equities. The stock has fallen 52% in six months and 67% in two years.
• Market cap: ₹15,345 cr
• 52-week low: ₹552.25
• Volume: 0.94 lakh shares traded
Immediate recovery may be limited as the stock remains below key moving averages.
Not investment advice. For informational purposes only.