Prabhudas Lilladhar
The operating performance was fairly in line with our estimates of sequential revenue decline of 3.2% CC QoQ and flat QoQ margins. The revenue growth was primarily driven by PV (+3.3% QoQ), while the CV segment (down 2.8% QoQ) saw a ramp down in one of the key accounts. The other element to the slowdown is the re-prioritization or cannibalization of revenues from futuristic...
ICICI Direct released a Buy report for KPIT Technologies Ltd. with a price target of 1500.0 on 26 Sep, 2025.
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