07 Jan 2026 | 5 Mins Read
Kpit Tech gets top rating from JPMorgan as "overweight" call remains
Flipitmoney
JPMorgan reiterated an 'Overweight' rating on KPIT Technologies with a ₹1,400 price target, citing improved auto ER&D demand conditions. KPIT has the highest exposure to auto tech spends at 100%, making it a preferred play as investments pick up. JPMorgan upgraded Tata Technologies and Tata Elxsi to 'Neutral', raising their price targets to ₹710 and ₹4,800, respectively.