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ERD Services Stocks Under Pressure as KPIT, LTTS, Tata Elxsi Decline
ERD services stocks slide amid demand and margin concerns.
Shares of engineering research and development firms including KPIT Technologies, LTTS,Tata Elxsi and Tata Technologies experienced volatility amid weakening sentiment toward ERD service providers.Investors assessed concerns over slowing deal momentum and potential margin compression in a cyclical environment. Analysts indicated that earnings forecasts are being adjusted as discretionary spending pauses and competition intensifies.Market participants remain focused on short term order inflows and demand visibility.