KPIT Tech Drops 5% on Weak Demand; Banks on Caresoft Deal for Growth

KPIT Technologies shares fell up to 5% to ₹1,319 on June 14 after the company flagged weak demand and slower deal closures. To counter this, KPIT is acquiring Caresoft’s Global Engineering Solutions business, aiming to boost growth in the automotive segment. The deal is expected to close this quarter and could lift FY26 revenue by around 4%. #stockmarket #investing #trading #stocks #investment #finance #money #nifty #forex #sharemarket #investor #invest #financialfreedom #trader #business #stockmarketindia #bitcoin #cryptocurrency #daytrader #stock #stockmarketnews #entrepreneur #nse #bse #sensex #forextrader #daytrading #crypto #wealth #forextrading