New Delhi, Sept. 17 -- Kaynes Technology shares turned sharply higher in Thursday's trade as India's semiconductor ambitions moved into the spotlight with Prime Minister Narendra Modi inaugurating SEMICON India 2026.

The three-day event has brought together companies, investors and policymakers from India and abroad, with the discussions centred on some of the most important parts of the semiconductor value chain, including chip design, fabrication, semiconductor materials and advanced packaging.

Kaynes stock climbed as much as 5.2% to Rs.3,563 per share, marking a strong intraday move on Thursday, September 17.

The broader focus on investments, manufacturing capabilities and efforts to build a domestic semiconductor ecosystem could ke...