India, Jan. 9 -- KPIT Technologies has seen its stock fall over 35 percent over the months, cooling off the strong optimism that once surrounded the automotive software player. This decline has come even as the company continues to win work and remains deeply linked to long-term trends shaping the future of vehicles.

With valuations now more grounded and questions emerging around near-term growth, investors are left wondering whether this phase reflects a deeper shift in the business or simply a temporary pause in a longer journey?

What Went Wrong? KPIT Technologies' sharp stock price correction of nearly 35 percent has not been driven by a single adverse event. Instead, it reflects a combination of slowing earnings momentum, global mac...