Kaynes Technology share price zoomed after the company posted strong results in the fourth quarter of financial year 2025 (Q4FY25).
Kaynes Technologies' counter plunged as much as 9.1 per cent in intraday deals to Rs 3,898 per share, witnessing the biggest fall since January 28 this year
The BSE Capital Goods index slipped 4.6% in intra-day trades today, falling 7.5% in 2 days after the finance minister presented the Union Budget 2025-26 in the Parliament on Saturday
The BSE Smallcap index has tanked 16 per cent, compared to the 12 per cent decline in the BSE Midcap and the 3 per cent fall in the BSE Sensex, thus far in January
The company reported revenues of Rs 509 crore, up by 30% YoY, and 15.6% QoQ as against a run-rate of around 60% 9MFY25
The board of directors of Kaynes Technology today approved the fund raising of up to Rs 1,600 crore.
Muthoot Finance, Blue Star, Coromandel Fertilisers, Praj, Kaynes Technology, Lloyd Metals, IPCA Labs and Radico Khaitan were the 8 stocks to hit a new life-time high on January 1, 2025.
Capital market-related stocks like KFin Technologies, Motilal Oswal Financial Services, BSE, and Central Depository Services (India) are on the top of the list, zooming up to 201 per cent in CY24.