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Kaynes Technology shares plunge 10%. Why JPMorgan, Nuvama downgraded the EMS stock

Posted on May 14, 2026
By Business News Today
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1 min read

Kaynes Technology shares plunge 10%. Why JPMorgan, Nuvama downgraded the EMS stock

Kaynes Technology shares plunged after the companys Q4 results disappointed investors on multiple fronts, including a revenue guidance miss, weaker balance sheet metrics, and a sharp drop in profit. The stock fell to Rs 3,760.10 on the BSE as brokerages turned cautious following the earnings report.