KPIT Technologies shares have suffered a severe sell-off, dropping 25% over the past five trading sessions to reach ₹558.65.
The decline erased approximately ₹5,061 crore from the company's market capitalization, pushing the stock to its lowest level in nearly four years.
The sharp repricing follows the Pune-based automotive software company's issuance of a weak business outlook for the June quarter.
Investor sentiment deteriorated rapidly as the guidance signaled potential revenue declines and raised questions about the visibility of future order backlogs.
The stock previously hit the lower circuit at ₹604.40 on Wednesday, marking the start of the extended downturn.
Brokerages have responded swiftly to the deteriorating fundamentals, downgrading the stock in recent notes.