JP Power is presently placed under Stage 1 of the ASM (Additional Surveillance Measure) framework — a regulatory mechanism designed to curb unusual price volatility and safeguard the interests of retail investors.
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,