Kaynes Technology slides after CEO Rajesh Sharma resigns

Kaynes Technology India fell 2.69% to Rs 7,034.90 after the company announced the resignation of Rajesh Sharma from the position of chief executive officer (CEO) and key managerial personnel, effective 31 October 2025.

Kaynes Technology India is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturer in India, having capabilities across the entire spectrum of electronics system and design manufacturing (ESDM) services.

The companys consolidated net profit jumped 49.96% to Rs 74.61 crore on a 33.63% increase in revenue from operations to Rs 673.46 crore in Q1 FY26 over Q1 FY25.

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