VERIFIEDMint Markets·3 Jul 2026negative

KPIT Tech shares plunge 25% in five days to nearly four-year low after weak revenue outlook. Is the worst over?

AI Summary

·KPIT Technologies shares fell 25% to ₹558.65 this week.
·The company's market capitalization decreased by ₹5,061 crore.
·Brokerages downgraded the stock due to concerns over revenue declines and uncertain recovery.