KPIT Technologies share price tanked over 5 per cent today (June 24, 2025) after the company came out with a mid-quarter business update and sent jitters among investors and traders on Dalal Street.
Updates From KPIT Technologies:
Delayed Deal Closures
The company said that while it has closed multiple significant deals – particularly from Asia and the U.S. – many are taking longer to complete, causing short-term revenue pressure and stock market volatility.
Slackening of demand in the Auto-Tech segment
KPIT indicated significant deceleration in demand for the automotive technology business vertical, which is KPIT’s primary business vertical.
FX Losses & World Tariff Fears
Increasing anxieties around forex losses, tariff uncertainty and geopolitical concerns are likely to weigh down on margins and estimates.
Stock Rating Downgrades
India s top brokerage broking firms and analysts have downgraded KPIT Technologies, revised targets indicating a crash to ₹1,000, all on concerns over the valuation and earnings growth of the company.
KPIT Share Price Today – June 24, 2025
- Opening Price: ₹1,385
- Day’s Low: ₹1,315
- Total Intraday Fall: Over 5%
- Status: Under Pressure, high selling volume seen on NSE & BSE.
Market Sentiment
“Investors are concerned that KPIT’s strong growth momentum could take a pause or slow down in the near term,” said a market expert.
