KPIT Technologies: Why Goldman Sachs is bullish on this software firm?
KPIT Technologies share price: Goldman Sachs in the report said that the software company focused largely on lateral hiring on senior architect level. It said that KPIT Technologies is supporting deeper client relationships and criticality.
KPIT Technologies share price: Brokerage firm Goldman Sachs is bullish on KPIT Technologies as the company is prioritising Electric Vehicles and autonomous vehicle research and development, despite the current macro environment.
The report further stated that the original equipment manufacturer has the ability to win entire vehicle platform projects vs single programs of earlier.
Goldman Sachs in the report said that the software company focused largely on lateral hiring on senior architect level. It said that KPIT Technologies is supporting deeper client relationships and criticality.
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Brokerage sees a longer duration of demand vs general IT services pointing to a sustainable period of high organic growth.
Goldman Sachs' Call:
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