Shares of Kaynes Technology were up 14 per cent at ₹4,328 on the BSE in intra-day trade as the stock recovered 17 per cent from its 52-week low of ₹3,713.75 hit today.
Rao is a chartered accountant from the Institute of Chartered Accountants of India (ICAI) and has about two and half decades of post-qualification experience
Among the losing pack, Solara Active Pharma Sciences has slumped 75 per cent, while Aarti Drugs, MCX India and Tata Communications are other major laggards
The stock of Solara Active hit a fresh 52-week low of Rs 620.20, down nearly 20 per cent in Friday's intra-day trade, falling 36 per cent in the past two days on the BSE.
Solara Active Pharma: Bharath R Sesha has tendered his resignation as managing director & chief executive officer and director (MD & CEO) of the company.