JP Morgan has upgraded KPIT Technologies from neutral to overweight and raised their target price for the stock, implying a potential gain of 20%. Despite negative news surrounding the global shift towards electric vehicles, the company's major clients such as BMW, Honda, and Renault have not scaled back their EV plans. KPIT Tech's strong exposure to Advanced Driver Assistance Systems and connected vehicles is expected to continue driving revenue and margin growth. Other firms like Goldman Sachs and HSBC have also maintained their positive outlook on the stock, with buy and hold calls, respectively. In the past year, the stock has outperformed the Nifty IT index, with a gain of over 45%.