#KaynesTech inaugurates electronics manufacturing facility in Hyderabad: Exchange Filing

#KaynesTech up 5% after co gets cabinet nod to setup #semiconductor unit in Gujarat, #investment at ₹3,300 cr

#KaynesTech reports #Q2Results👇

👉Net profit up 86.4% at ₹60.2 cr vs ₹32.3 cr (YoY)

👉Revenue up 58.6% at ₹572.1 cr vs ₹360.8 cr (YoY)

👉EBITDA up 68% at ₹82 cr vs ₹48.8 cr (YoY)

👉Margin at 14.3% vs 13.5% (YoY)

#JustIn | #KaynesTech board approves fund raise of up to ₹1,600 cr via QIP

#KaynesTech in focus after mgmt tells CNBC-TV18 that co might do better than topline guidance of ₹4,525 cr for FY26

Export will increase from 15-20% to 25%+ in FY27 led by US market, mgmt adds

#KaynesTech #QIP Launched

--To raise up to Rs 1,600 cr via QIP

--Indicative price at Rs 5,344-Rs 5,612/share (0-4.8% discount to CMP)

--Motilal Oswal, Nomura and Axis brokers to the deal

#KaynesTech sees a sharp fall after CEO resigns, more than 3% off highs

#JustIn | #KaynesTech clarifies on #Moneycontrol rpt of change in co's auditors

Co Says:

▶️No such decisions to change the statutory auditors is under consideration

▶️No discussion, proposal before Board or Audit Committee w.r.t change in statutory auditors

#NLCIndia jumps nearly 13%, #MetropolisHealthcare rises nearly 6%, while #KaynesTech falls 10% post #Q4 results