Kaynes Technology Shares Plummet 11%: What's Behind the Sudden Decline?
2025-01-22
Business Standard
Kaynes Technology's stock price has taken a significant hit, dropping 11% on heavy volumes and slipping 32% in just three weeks. Despite this, the company's stock had a remarkable run in 2024, soaring 184% compared to the BSE Sensex's 8% rise. The stock had skyrocketed 1,232% from its issue price of Rs 587 per share since its market debut on November 22, 2022, making it a notable player in the tech industry, with keywords like stock market trends and investment news being closely watched. The recent decline has raised concerns among investors, with many keeping a close eye on the company's future performance and market analysis.
