According to KPIT, the management has previously provided a thorough explanation of its position, and its financial forecasts remain unchanged. In addition to stating that it would not comment on any specific agreement, KPIT maintains the previously given guidelines and guarantees that client deal renewals are risk-free.
On October 1, a day after a 10% decline, KPIT Tech shares are up more than 3% as the street evaluates management’s assurance on margin projections, attributing the decline to a probable sale of individual investors’ stakes.
It may be time to purchase shares, but it could take some more time to produce profits, JPMorgan informed its investors in a recent report that the stock has caught up with the sector’s poor performance after the drop. The brokerage assigned an Overweight call on the company after lowering its target price for KPIT from Rs 1,500 per share to Rs 1,400.
Citing the delayed business benefit of recent mergers, Goldman Sachs reduced its price forecast to Rs 1,100 per share. The company had been projecting moderate growth for H1FY26. Numerous brokerage firms support KPIt is domain strength in mobility, acquisitions to increase capabilities, and a rising transaction pipeline, indicating that they have a fundamentally favorable opinion of the company.
In an interview with CNBC-TV18, KPIT Tech pointed to the selling of a stake by an individual investor as the reason for the September 30 share price decline, although the business did not disclose the identity of the purchaser.
According to KPIT, the management has previously provided a thorough explanation of its position, and its financial forecasts remain unchanged. In addition to stating that it would not comment on any specific agreement, KPIT maintains the previously given guidelines and guarantees that client deal renewals are risk-free. The business reaffirmed its margin expectations and said that growth should accelerate starting in Q3FY26. The business did not say if it will provide new guidance at the conclusion of Q2FY26.