HighNegative
Announced Fri, 3 Jul · 22:15 IST
KPIT Tech shares plunge 25% in five days to nearly four-year low after weak revenue outlook. Is the worst over?
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
KPIT Technologies shares fell 25 percent in five days to Rs 558.65, a nearly four-year low, after the company issued a weak revenue outlook. Brokerages downgraded the stock amid concerns over revenue declines and uncertain recovery. The stock has lost 52.35 percent year-to-date in 2026, wiping out Rs 5,061 crore in market capitalisation.