Kaynes Tech shares, May 14 -- Shares of Kaynes Technology crashed more than 19% in intraday trade on Thursday, 14 May, a day after the company reported a 21% year-on-year (YoY) fall in its March quarter (Q4FY26) profit.

Kaynes Technology share price opened at Rs.3,760.10 against its previous close of Rs.4,177.85 and crashed as much as 19.4% to an intraday low of Rs.3,366.

After market hours on 13 May, Kaynes Technology India reported its Q4FY26 consolidated profit dropped 21.5% YoY to Rs.91.22 crore. In the same quarter last year, its profit was Rs.116.20 crore. Q4 revenue from operations at Rs.1,242.64 crore, however, saw a 26.2% YoY rise.

EBITDA at Rs.193.7 crore rose by 15% YoY, but EBITDA margin dropped by 150 basis points YoY to 1...