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The Latest Breaking News from Kaynes Technology

Kaynes Technology shares plunge 19%. Why JPMorgan, Nuvama downgraded the EMS stock

Kaynes Technology shares plunged after the company’s Q4 results disappointed investors on multiple fronts, including a revenue guidance miss, weaker balance sheet metrics, and a sharp drop in profit. The stock fell to Rs 3,760.10 on the BSE as brokerages turned cautious following the earnings report.

The Economic Times

Kaynes Technology Q4 Results: Profit falls 22% YoY to Rs 91 crore; revenue jumps 26%

Kaynes Technology posted robust quarterly revenue growth driven by strong electronics manufacturing demand and expanding execution across sectors. However, higher material, employee and finance costs weighed on profitability. The company continued benefiting from localisation trends, government incentives and rising outsourcing demand across industries.

The Economic Times

From Tata and MEIL to Vedanta, corporates dominate BJP’s Rs 6,000 crore donations

The Bharatiya Janata Party, BJP, has become the top recipient of political donations in 2024–2025, collecting more than Rs 6,000 crore. This is 12 times more than what its major rival, the Indian National Congress, received, which stood at Rs 517 crore.

Newslaundry

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Kaynes breaks ground for OSAT facility near Hyderabad

The Hindu

Kaynes Technology inks MoU with Karnataka government for ₹3,750-crore investment

Kaynes Technology and the Karnataka IT&BT Department on Thursday signed an MoU for setting up a semiconductor assembly and testing facility (OSAT) in Mysuru.

The Hindu

Mysuru-based firm had a role in Chandrayaan-3 mission

Kaynes Technology, based in Mysuru, played a key role in ISRO's Chandrayaan-3 mission, providing power packages designed to withstand the lunar environment. The firm has collaborated with ISRO on many projects and plans to expand in the aerospace sector. They are committed to providing cutting-edge solutions and are actively engaged…

The Hindu

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