FPIs have turned big-time buyers of Indian stocks over the past few months, barring August when the sentiment has tampered a bit. Despite this, they own stocks worth billions of dollars on D-Street, thus swaying the market mood.
KPIT Tech plunges 24% in 3 months as auto demand weakens
KPIT Technologies faces a substantial 24% decline in stock value, predominantly due to obstacles in the automotive sector. The company’s net profit has notably decreased,