India's KPIT Technologies falls over 5% on weak results
22/10/2020 05:50
** Shares of the automobile engineering company KPIE.NS
fall as much as 5.4% to 105.50 rupees, their lowest since Sept.
22
** Reported ~ 26% drop in Q2 profit urn:newsml:reuters.com:*:nFWN2HC0KN
** KPIE, which provides autonomous driving and advanced
driver assistance systems solutions, posted ~11% drop in revenue
** About 596,800 shares change hands vs 30-day avg of 1.4
mln
** KPIT shares up 19% so far this year as of last close
(Reporting by Nallur Sethuraman in Bengaluru)
((Sethuraman.NR@thomsonreuters.com; (+91 8061822737); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))
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