IT - Software
IT - ER&D
from 639 today
KPIT Technologies reported weak 1QFY27 results with revenue and margins below estimates due to headwinds in European markets and OEM weakness. We reiterate our BUY rating with a revised target price of INR730, factoring in near-term consolidation and a recovery expected later in the year.
We maintain our HOLD rating on the stock as the company faces near-term margin pressure and softness, though growth recovery is expected from H2FY27 supported by a healthy deal pipeline and expanding global presence.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
