Hi, I am a fairly new investor and bought KPIT from lower levels based on the theme of how automobiles will become more technology integrated with time. So fairly bullish on KPIT.
However, I have a question – KPIT has a high dependency on US and Europe for the projects it gets same as Infosys, TCS and other Indian service providers. But still observed KPIT not falling despite all IT companies being in bearish mode in the last couple of weeks. Won’t the situation in Europe (high gas prices, Russia-Ukraine war, recession) impact KPIT revenues in the next quarter. Would like to know views of fellow forum members.
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