KPIT Technologies share price plunges 14% today: Key factors behind fall

Shares of software development company KPIT Technologies plunged 15 per cent to Rs 1,395, hitting over four-month low on the BSE in Thursday’s intraday trade, amid heavy volumes, on sluggish commentary for the second half of financial year 2024-25 (H2FY25). The stock is trading at its lowest level since June 4, 2024.

A combined total of 0.77 million shares of KPIT Technologies worth around Rs 1,141.62 crore exchanged hands on the BSE and NSE today.