KPIT Tech higher by 3 percent after big fall, management assures on margin guidance

KPIT Tech

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26 Aug, 2025 12:21

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Shares of KPIT Tech are sharply higher by over 3 percent on October 1, a day after a 10 percent fall, as the street assessed the management's assurance on margin guidance, citing the fall to a likely individual investor's stake sale.

In a fresh note, JPMorgan told its investors in a note that the stock has caught up with the sector’s underperformance after the correction, and it may be time to buy the shares, however, it may take some more time to generate returns. The brokerage cut its target price for KPIT to Rs 1,400 compared to Rs 1,500 per share, assigning an Overweight call on the stock.

Goldman Sachs trimmed its price target to Rs 1,100 per share, citing delayed business impact from recent deals, and has been expecting modest growth for H1FY26. Several broking houses are structurally positive on KPIT, backing its domain strength in mobility, and acquisitions to expand capabilities, alonf with an improving deal pipeline.

In a conversation with CNBC-TV18, KPIT Tech attributed to the share price fall on September 30 to an individual investor's stake sale, adding that the company has no information on who the investor was.

KPIT said the management has already shared a detailed view of its stance and there is no change in its financial projections. KPIT continues to maintain the previously issued guidance, and said it will not comment on any individual deal but assured that there is no risk to client deal renewals. The company reiterated its margin guidance, adding that growth is expected to pick up from Q3FY26 onwards. The company did not specify if it will provide a fresh guidance at the end of Q2FY26.

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