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KPIT Tech down over 5%; JP Morgan initiates coverage with 44% downside

The brokerage see two major reasons for de-rating — growth is expected to fall below 20 percent beyond FY24 and Tata Technologies IPO will reduce the scarcity premium associated with KPIT

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​ The brokerage see two major reasons for de-rating — growth is expected to fall below 20 percent beyond FY24 and Tata Technologies IPO will reduce the scarcity premium associated with KPIT The brokerage see two major reasons for de-rating — growth is expected to fall below 20 percent beyond FY24 and Tata Technologies IPO will reduce the scarcity premium associated with KPIT  Moneycontrol Latest News Read More  

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