Kaynes Technology Shares Crash 8% After Weak Q1 Results; Nomura and Motilal Oswal Share Outlook

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Stock Market

10 August 2026 at 12:18 pm

Kaynes Technology Shares Crash 8% After Weak Q1 Results; Nomura and Motilal Oswal Share Outlook

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Summary

Kaynes Technology shares dropped 8% after the company reported a 24.4% year-on-year decline in Q1 FY27 net profit, despite a 40.5% increase in revenue. The EBITDA margin also narrowed, indicating pressure on profitability.

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