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KPIT Tech down over 5%; JP Morgan initiates coverage with 44% downside : vimarsana.com
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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