Kaynes Tech shares: Shares of Kaynes Technology crashed more than 19% in intraday trade on Thursday, 14 May, a day after the company reported a 21% year-on-year (YoY) fall in its March quarter (Q4FY26) profit.
Kaynes Technology share price opened at ₹3,760.10 against its previous close of ₹4,177.85 and crashed as much as 19.4% to an intraday low of ₹3,366.
After market hours on 13 May, Kaynes Technology India reported its Q4FY26 consolidated profit dropped 21.5% YoY to ₹91.22 crore. In the same quarter last year, its profit was ₹116.20 crore. Q4 revenue from operations at ₹1,242.64 crore, however, saw a 26.2% YoY rise.
More to come…
