{"id":1018359,"date":"2026-07-02T08:26:03","date_gmt":"2026-07-02T02:56:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1018359"},"modified":"2026-07-02T09:10:47","modified_gmt":"2026-07-02T03:40:47","slug":"kpit-tech-stock-crashes-17-after-q1-outlook-trimmed","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/02\/kpit-tech-stock-crashes-17-after-q1-outlook-trimmed\/","title":{"rendered":"KPIT Tech stock crashes 17% after Q1 outlook trimmed"},"content":{"rendered":"<p>Shares of KPIT Technologies plunged 16.97% to Rs 557.50 on the BSE on Wednesday, a day after the company cut its Q1FY27 revenue and profit guidance, citing spending cuts by European automotive OEMs, including Volkswagen and BMW. <\/p>\n<p>The stock, which hit a 52-week low of Rs 555.30, came under further pressure after JP Morgan and JM Financial downgraded it. BMW contributes about 12% of KPIT\u2019s revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of KPIT Technologies plunged 16.97% to Rs 557.50 on the BSE on Wednesday, a day after the company cut its Q1FY27 revenue and profit guidance, citing spending cuts by European automotive OEMs, including Volkswagen and BMW. The stock, which hit a 52-week low of Rs 555.30, came under further pressure after JP Morgan and JM Financial downgraded it. BMW contributes about 12% of KPIT\u2019s revenue.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1018359","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1018359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1018359"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1018359\/revisions"}],"predecessor-version":[{"id":1018402,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1018359\/revisions\/1018402"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1018359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1018359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1018359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}