Shares of semiconductor manufacturing company Kaynes Technology rebounded on Thursday, December 11, 2025, a day after tumbling 10 per cent. The counter started the trading session in the green at Rs 3,949.80 against the previous close of Rs 3,882.20 on the BSE. The counter gained further to touch the high of Rs 4,050, representing a gain of 3.68 per cent from the previous close. Last seen, the scrip was trading at Rs 4,024.50 with a gain of 3.77 per cent, and the market cap of the company stood at Rs 27,001.89 crore. On the National Stock Exchange (NSE), the stock opened at Rs 3,914 against the previous close of Rs 3,890.50. Later, it touched the high and low of Rs 4,031 and Rs 3,830.
The stock has a 52-week high of Rs 7,822, hit on January 1, 2025, and a 52-week low of Rs 3,712.50 on the National Stock Exchange (NSE).
40% drop in one month
Amid market volatility, the stock has tumbled nearly 40 per cent in one month and 20 per cent in one week. On a year-to-date (YTD) basis, the stock has tumbled around 50 per cent as against the return of 4.41 per cent by the benchmark index.
What's behind the fall?
The stock has been falling for a couple of days following a hard-hitting report from Kotak Institutional Equities. The report raised concerns over inconsistencies in the company's related-party disclosures. Following this, the company's management issued several clarifications, but investors continued profit-booking.
Kaynes Technology Q1 results
The company had posted an increase in consolidated net profit to Rs 74.6 crore in the June quarter of the financial year 2025-26 as against the net profit of Rs 50.77 crore in the same quarter a year ago.
The company's revenue from operations jumped 33.6 per cent to Rs 673.4 crore in the quarter under consideration, as against Rs 503.9 crore a year earlier.
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)
