KPIT - CASE (connected, autonomous, shared, electric) - Focused Automotive Play

At a price target of 940 we are looking at a FY’24 PE of ~50 - which is almost half the current valuation. Additionally, management is upbeat on growing revenues at 25-30% CAGR going forward. Don’t understand these absurd price targets especially when they say the price target is because they don’t have a nuanced understanding of what KPIT does :smiley:

3 Likes