Kaynes Technology shares surge on new manufacturing facility launch

Kaynes Technology stock price surged as much as 2.86 per cent at Rs 5165.80 per share on the BSE in Friday’s intraday trade. This came after Kaynes Technology announced the inauguration of its electronics manufacturing facility in Hyderabad.

The Hyderabad facility is equipped with the latest manufacturing technologies, including an electronic assembly, 3D optical and artificial intelligence enabled inspection systems, and lead-free/RoHS-compliant processes, the company said in an exchange filing.