Kaynes Technology tumbled 27% in 3 days after a domestic institution flagged inconsistencies in FY2025 disclosures, sparking panic despite management clarifications.
At 10:06 AM on Friday; the BSE Consumer Durable index was up 0.71 per cent, as compared to the 0.30 per cent rise in the BSE Sensex.
IndusInd Bank, PG Electroplast, Five-Star Business, Cohance Lifesciences and Praj Industries have shed 20% in the last 7 months, while the Nifty and Nifty 500 have rallied up to 18%, shows data.
PG Electroplast's subsidiary, Next Generation Manufacturers, entered into a Memorandum of Understanding (MoU) with the Government of Maharashtra
PG Electroplast shares jumped 6.1 per cent on Wednesday, after the company signed a definitive agreement with PAX India to manufacture Point-of-Sale (POS) devices in India
The Nifty Consumer Durable Index, which tracks the performance of 15 stocks in the consumer durables sector, jumped by 3.14 per cent, reaching an intra-day high of 38,503
The early arrival of the monsoon impacted seasonal sales for Room ACs, making Q1 a more subdued start to the year.
PG Electroplast hit a nine-month low at ₹588.80, as the stock cracked 20% on the BSE after the company reported a weak set of numbers for the quarter ended June 2025 (Q1FY26).