KPIT Tech downgraded by JPMorgan and other brokerages
KPIT Tech shares fall after multiple brokerages, including JPMorgan, downgraded the stock. JPMorgan cut its rating to Neutral and lowered the target price to ₹1,000 from ₹1,450. Other firms cited stretched valuations and slowing auto sector growth. Downgrades weighed on investor sentiment.
📊 STOCKS: KPITTECH | 🏢 SECTOR: IT | #MEDIUMIMPACT #downgrade
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