Kaynes Technology tanks 11% on heavy volumes; slips 32% in 3 weeks

Shares of Kaynes Technology India tanked 11 per cent to Rs 5,344.80 on the BSE in Wednesday’s intra-day trade, extending its fall amid heavy volumes. Since January 1, 2025, from its record high level of Rs 7,824.95, the stock of industrial products company has slipped 32 per cent.

The board of directors of Kaynes Technology today approved the fund raising of up to Rs 1,600 crore.