Kaynes Technology Share Price: Stock tumbles 15% to hit lower circuit after PAT falls 21% YoY

Shares of semiconductor manufacturing company Kaynes Technology opened gap down at Rs 3,760.10, a 10 per cent fall from the previous close of Rs 4,177.85 on the BSE. Amid profit booking, the stock fell further to hit the 15 per cent lower circuit of Rs 3551.2.  It later crashed to an intraday low of Rs 3,366, a fall of 19.4 per cent from the last closing price. Last seen, the stock was trading at Rs 3,478 with a fall of 16.75 per cent, and the market cap of the company stood at Rs 23,326.38. The counter is under pressure after the company announced its financial results for the January-March quarter of FY26.