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KPIT Tech says Q2 revenue will be same as Q1; Stock falls 15% after warning, JPM downgrade
Along with the drop in US Dollar revenue, KPIT Tech also expects its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA), and net profit margins to decline on a sequential basis, along with a limited room for cost optimization in the near-term.
HUDCO Q1 Update: Loans sanctioned nearly double, disbursements up 28%; Stock up 2%
HUDCO has seen a sharp shift towards urban infrastructure financing, which now forms nearly 74% of the total loan book at the end of the previous financial year.
Va Tech Wabag secures Donauinsel water works expansion project in Vienna
Va Tech Wabag (WABAG) has been awarded a 'Large' order by the City of Vienna, Municipal Department MA 31 - Wiener Wasser, for the expansion of the Donauinsel Water Works in Vienna, Austria. According to the company's project classification, the value of the order ranges between Rs 250 crore to Rs 600 crore.
Sterlite Tech, Garware Hi-Tech, Park Medi World, HFCL among top 10 stocks with 100%+ returns in 2026 - Upstox
Sterlite Tech, Garware Hi-Tech, Park Medi World, HFCL among top 10 stocks with 100%+ returns in 2026Upstox
More Layoffs At Microsoft? Tech Giant Plans To Cut Jobs In Xbox, Sales & Consulting: Report
The layoffs are expected to impact thousands of jobs such as sales and consulting, along with roles at the Xbox gaming division. It is estimated to be less than 2.5% of the company's 220,000-person workforce.
KPIT Tech shares hit 10% lower circuit as company expects Q1 revenue decline, sharp hit to margins
KPIT Technologies shares plunged 10% after the company warned of a revenue drop in Q1 FY27, citing unexpected actions from European automakers. While short-term performance is expected to be weak, KPIT remains optimistic about long-term growth driven by outsourcing and automation. The company anticipates a strong rebound in the second half of FY27, building a solid foundation for future expansion.
HCL Tech Share Price Live Updates: HCL Tech Experiences Weekly Decline
Tech Mahindra Share Price Live Updates: Tech Mahindra's Weekly Returns Reflect a -0.77% Change
Stocks to watch, July 1: RIL, Nestle India, Paras Defence, KPIT Tech, HUL, Kotak Bank, Unimech Aerospace - Upstox
Stocks to watch, July 1: RIL, Nestle India, Paras Defence, KPIT Tech, HUL, Kotak Bank, Unimech AerospaceUpstox
Asian stocks today: Nikkei 225, Kospi rise more than 1% on US tech rally, optimism over US-Iran talks
Asian stocks today: Japan's Nikkei 225 climbed 1.79%, while the broader Topix index gained 1.07%. South Korea's Kospi advanced 1.52%, although the small-cap Kosdaq slipped 0.42%.
Asian shares gain post US tech rally, yen steady
Stocks in South Korea and Japan advanced as the Kospi, taking the MSCI Asia Pacific index up 0.3%.
FIFA World Cup 2026 Golden Boot Race: Erling Haaland, Kylian Mbappé Close In On Lionel Messi
Erling Haaland's late winner against Ivory Coast took his FIFA World Cup 2026 tally to five goals, leaving him one behind Golden Boot leader Lionel Messi.