Why Kpit Tech Shares Crashed 15 Today The Bmw Volkswagen Connection Explained
Economic Times
KPIT Technologies shares fell after the company warned of an unexpected slowdown in revenue from European auto clients, likely including BMW and Volkswagen.
KPIT Technologies shares fell after the company warned of an unexpected slowdown in revenue from European auto clients, likely including BMW and Volkswagen.
In a Q1FY27 update, the firm said it now expects a ~1% YoY revenue decline, citing sudden cutbacks by European OEMs following weak earnings outlooks.
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