Mumbai: Shares of Kaynes Technology plunged 20% to ₹3,339.25 on Thursday after a weaker-than-expected earnings performance in the March quarter, and revenue guidance miss sparked analyst downgrades. Brokerages said concerns over execution delays, stretched working capital, and persistent cash burn are tailwinds for the stock, an investor favourite in the recent bull run amid enthusiasm around India’s electronics manufacturing and semiconductor story…
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