Kaynes Tech (Accumulate)

Dealer’s name: Kaynes Tech (Accumulate)

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Goal: ₹3,100 CMP: ₹2,884.50 Kaynes Know-how Q3 income surged 76 per cent y-o-y to ₹510 crore, 10 per cent larger than our estimates. Income was led by wholesome B2B demand and robust order backlog. Income from the industrials section spiked 217 per cent y-o-y to ₹270 crore on rising import substitution within the EV house. … Read more