New Delhi, Nov. 18 -- Kaynes Technology India share price slipped nearly 6 percent on Tuesday, November 18, after the expiry of its shareholder lock-in period. With the end of this restriction, around 11.6 million shares of Kaynes Technology India have now become available for trading as the one-and-a-half-year and longer lock-in duration has concluded.

According to a note from Nuvama Alternative and Quantitative Research, the shares released for trading represent 20 percent of the company's outstanding equity. The end of a lock-in period does not imply that these shares will immediately be offloaded in the open market; it only means they are now permitted to be traded if shareholders choose to do so.

Based on Monday's closing price, th...