KPIT Technologies Shares Drop Over 5% Amid Cautious Business Outlook and Slower Deal Conversions
KPIT Technologies shares dropped over 5% on Tuesday after the company released a cautious mid-quarter update, highlighting persistent uncertainty in the business environment. Shares of the Pune-based automotive IT firm declined as much as 5.11% on the BSE, hitting an intraday low of ₹1,319.70 despite an overall positive market trend. On the National Stock Exchange,…