Brokerages turn cautious after Kaynes' weak Q4 performance
- Posted on May 15, 2026
- By Business News Today
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- 1 min read
Brokerages turn cautious after Kaynes' weak Q4 performance
Kaynes Technology shares saw a sharp 20% fall. This followed a disappointing March quarter earnings report and missed revenue forecasts. Analysts have downgraded the stock. Concerns about execution delays and working capital are impacting investor sentiment. The company's stock had previously surged significantly since its listing.
