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Tata Elxsi, Tata Technologies Shares Fall Up to 6% After KPIT Technologies’ Weak Q1 Outlook Shakes Sector Sentiment

Tata Elxsi, Tata Technologies Shares Fall Up to 6% After KPIT Technologies' Weak Q1 Outlook Shakes Sector Sentiment

Summary Shares of Tata Elxsi and Tata Technologies came under selling pressure on July 1, with both stocks declining sharply in early trade after KPIT Technologies issued a weaker-than-expected business update for the first quarter of FY27. Investors appeared to reassess the outlook for automotive engineering and ER&D companies, triggering a broad-based sell-off across the … Read more

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