As of today, March 12th, 2025, Kaynes Technology has experienced a slight decline in its share prices since the previous session’s close. Analysts and market experts say the downward shift in the company’s stock prices could be due to the show-cause notice Kaynes received from SEBI for suspected violations in Structured Digital Database (SDD) maintenance pertaining to financial results for March 31st, 2023.
Kaynes Technology shares opened to the market at Rs. 4101 and are currently up by 2.1%% compared to the opening bell rates.
Kaynes Technology Share Price in Today’s Market
At 10:10 a.m., Kaynes Technology is trading shares at 4,225.00 a piece, nearly 3% higher than the opening rate. And 1.5% lower than its previous close, 4291.35. According to the reports and estimates on Money Control, the current market capitalization shows 27,116 cores; the UC Limit is 5,149.60; and the LC Limit is 3,433.10.
Company Financials
Kaynes Technology is a leading electronics manufacturing company. It released it’s Q3 financials for 2024-25 on January 27th. According to reports, the company earned a total revenue of ₹661.18 crore, an increase of 29.82% compared to Rs. 509.29 crore in the same quarter of the previous year. The operating income recorded Rs. 83.18 crore, a 30.15% increase from Rs. 63.91 crore year-over-year. Kaynes’ net income was Rs. 66.40 crore, marking an increase of 46.92% from Rs. 45.19 crore in the same quarter of the previous year.
Recent News About Kaynes Technology
- On January 27th Kaynes Technology signed with Atomberg for projects on “Design for Manufacturing” in India. This collaboration improves product design efficiency and reduces time-to-market.
- Kaynes Technology plans to begin pilot production at its Rs. 3,300 crore semiconductor unit in Sanand, Gujarat, by June 2025.
- Kaynes Technology was honored for its contributions and achievements in services to railways at the 6th Rail Analysis Innovation & Excellence Summit held in February 2025.
Kaynes TechnologyShare Price Target
Market experts on Trendlyne say that Kaynes Technology India Ltd. has an average target of 4800. The consensus speculates an upside of 14.69% from the last price of 4185.05.
Should You Buy, Sell, Or Hold?
Trendlyne analysts strongly recommend investors buy Kaynes Technology shares. Meanwhile, on Money Control, 38% of analysts suggest buying, and 21% suggest holding on to the shares. Before investing in the company, consider its long-term performance and consult your analyst to make the perfect move.
