Kaynes Technology Slumps 19% as Management Cuts FY25 Guidance
Following the company’s revision of its FY25 sales projection from ₹3,000 crore to ₹2,800 crore, Kaynes Technology’s share price fell by more than 19%. The firm reported a 47% rise in profit for Q3 FY25, with sales up 30% year over year despite execution delays. The share price of Kaynes Technology plummeted by more than…