Kaynes Tech Stock Crashes 19% Post Results; Opportunity to Double Down or Sell?
India, May 14 -- The shares of Small-Cap stock specialise in Electronics System Design and Manufacturing (ESDM), providing services from conceptual design and process engineering to integrated manufacturing and life-cycle support for many industries, are in focus in the day's trade as they have crashed upto following their Q4 results and other reasons.
With a market capitalization of Rs. 22,837.37 crores in the day's trade, the shares of Kaynes Technology India Ltd declined upto 19 percent, making a low of Rs. 3,366 per share compared to its previous closing price of Rs. 4177.85 per share.
What happened
Its revenue from operations rose by 26.3 percent YoY from Rs. 984 Crores in Q4FY25 to Rs. 1,243 Crores in Q4FY26, and it also increased...
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