KPIT Technologies faces near-term growth concerns due to project setbacks, impacting its FY27 outlook. Analysts anticipate a challenging Q1, with recovery expected only in the latter half of the fiscal year. Profitability may also be pressured if growth disappoints, despite supportive currency movements. While not a sector-wide issue, some OEMs’ challenges could affect vendors. Investors remain cautious, awaiting Q1 commentary for signs of recovery.
CarTrade Tech shares slip 7% despite 19% YoY rise in Q1 profit; EBITDA surges 45%
CarTrade Tech shares fell over 7% despite the company reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% YoY to Rs 51