Kaynes Technology admits to disclosure errors, shares drop 7%
after close1 source ↓written by the desknot a recommendation
- to ₹4
- 7%
- over the past
- 15% decline
- their 52-week high
- 42% below
Kaynes Technology India Limited acknowledged administrative errors in its financial disclosures, particularly regarding related party transactions. Following a report from Kotak Institutional Equities, the stock fell 7% to ₹4,600, marking a 15% decline over the past five sessions. Currently, shares are 42% below their 52-week high of ₹7,822.
Not investment advice. For informational purposes only.