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EU has decided to put tariffs on EVs coming from China. This is great news for KPIT as Chinese EV makers won’t be able to sell their cars very cheap in Europe anymore. This decision came in effect as car companies were shutting down in EU because of stiff competition with Chinese. Now the playground is even so business of KPIT won’t be impacted as a significant chunk of business comes from Europe. It’s a great time to buy KPIT below 1400
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