Motilal Oswal believes that electronic manufacturing services (EMS) companies like Kaynes Tech have strong ties with Chinese component manufacturers
Kaynes Technology share price rose 3.4 per cent and logged an intra-day high at ₹6,515 per share on BSE after arm signed MoU with Government of Tamil Nadu
Kaynes Tech shares rose as much as 5 per cent in the intraday trade on Friday, hitting a high of ₹6,483 per share
The company's profit after tax (PAT) for the quarter ended June 30, 2025, stood at ₹74.6 crore, as compared to ₹50.8 crore recorded in Q1FY25.