Kaynes Technology India Ltd

(KAYNES)

Kaynes Technology Sees Significant Revenue Growth - 13 Nov, 2024

Kaynes Technology India Ltd has emerged as the third-best performer on the Smallcap index, gaining over 18% in two months. The company reported a 58% increase in revenue and a 69% rise in EBITDA for the September quarter compared to the same period last year.

Kaynes Technology Hits 52-Week High Amid Strong Earnings - 07 Nov, 2024

Kaynes Technology's stock rose 3% to a 52-week high of ₹6,037.95, driven by strong Q2 FY25 earnings with a 48.46% YoY revenue increase. Anticipation of tougher tariffs on China also influenced performance. The stock delivered a 17.75% return over the past month.

Kaynes Technology Hits 52-Week High Amid Strong Growth - 06 Nov, 2024

Kaynes Technology India Ltd's stock rose over 10%, reaching a 52-week high of Rs 5,935. The company reported robust growth in net sales and profits, with a growing order book of Rs 5,422.80 crore. FIIs increased their stake, reflecting positive investor sentiment.

Kaynes Technology Reports Strong Q2FY25 Performance - 04 Nov, 2024

Kaynes Technology India Ltd reported a robust Q2FY25 with revenue up 59% YoY and PAT up 86% YoY. The order book increased to Rs 5,422.80 crore, driven by strong demand across various sectors. Despite a 1.78% drop in share price, the stock has delivered multibagger returns of 130% over the past year.

Kaynes Technology Projects Significant Growth Ahead - 02 Nov, 2024

Kaynes Technology anticipates 50-60% growth over the next five years, focusing on railway signaling and aerospace. The smart-meter segment is expected to generate Rs 500-1,000 crore annually, aiming for a 15-20% market share.

Kaynes Technology Targets ₹4,000 Crore in Semiconductor Revenue - 31 Oct, 2024

Kaynes Technology aims for ₹4,000 crore in semiconductor revenues by 2030, with a ₹3,300 crore investment in a new facility. The unit is expected to start contributing to revenue by Q4 FY26.

Kaynes Technology Reports Strong Q2 Earnings Growth - 30 Oct, 2024

Kaynes Technology India Ltd reported impressive Q2 FY25 results, with net profit soaring 86.4% to Rs 60.2 crore and revenue increasing 58.5% to Rs 572.1 crore. The company also saw significant growth in standalone sales and improved margins, leading to a surge in share prices.

Kaynes Technology Reports Strong Q2 Earnings - 29 Oct, 2024

Kaynes Technology India Limited reported significant growth in Q2 and six-month earnings for FY 2024, with sales and net income nearly doubling year-over-year. Basic EPS rose to INR 9.38 from INR 5.55.

Kaynes Technology Expands Semiconductor Partnerships - 26 Oct, 2024

Kaynes Technology has formed partnerships with Brightgrid Technologies, Lightspeed Photonics, and VLSI Society of India to enhance its semiconductor presence. This diversification into high-growth segments positions the company for significant growth, with an expected PAT CAGR of 67% from FY24 to FY27, driven by a robust order book and improved margins.

Kaynes Technology Achieves 900% Surge in Share Price - 15 Oct, 2024

Kaynes Technology's share price has surged 900% since its issue price, hitting a record high of Rs 5,876.60. The company is expanding its semiconductor unit in Gujarat with a Rs 3,307 crore investment and is scaling its smart meter business. Motilal Oswal maintains a Buy rating with a target price of Rs 6,400. The order book has grown significantly, reaching Rs 5,038 crore as of June 30, 2024.