HighNegative
Announced Wed, 1 Jul · 09:38 IST

KPIT Technologies share price hit 10% lower circuit on weaker Q1 business update. Buy or sell?

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

KPIT Technologies shares tumbled over 15% to ₹570.80 apiece in Monday's trade after the company released a weak preliminary business update for Q1 FY27. The stock opened at ₹604.40 on NSE, down from the previous close of ₹671.55. The sharp fall triggered the lower circuit limit of 10%.