Kaynes Technology shares tumble 25% in 3 days after weak Q4; Elara cuts rating to ‘Accumulate’
Published on: May 18, 2026, 11:20 a.m. | Source: The Economic Times
Kaynes Technology India shares tumbled nearly 25% in three days following a weaker-than-expected Q4 performance and a downgrade by Elara Securities. The company missed key FY26 guidance metrics, including revenue and operating cash flow. While FY27 growth targets were lowered, the firm anticipates future revenue contributions from its OSAT plant.
