Kaynes Technology India Ltd Share Price (KAYNES)

Kaynes Semicon Expects Approval for OSAT Unit in Telangana - 22 Apr, 2024

Kaynes Semicon, the semiconductor arm of Kaynes Technology, is awaiting government approval for its outsourced semiconductor assembly and test (OSAT) unit in Telangana. The company plans to attract top talent from Malaysia and The Philippines and focus on automotive EV, industrial, and high-performance computing sectors.

Kaynes Tech Plans Major Investment in Semiconductor Manufacturing - 16 Apr, 2024

Kaynes Technology India is investing Rs 2,800 crore in setting up a semiconductor OSAT manufacturing and compound semiconductor facility in Telangana. Anand Rathi has re-initiated BUY coverage on the stock with a target price of Rs 3,100.

Kaynes Technology India Ltd Witnesses Surge in Volume - 12 Apr, 2024

Kaynes Technology India Ltd saw a 5.71 times surge in volume with 54,134 shares traded on BSE by 10:47 IST, compared to the two-week average daily volume of 9,477 shares. The stock dropped 0.93% to Rs.2,523.95.

Kaynes Technology India Shares Surge 162% in a Year - 11 Apr, 2024

Kaynes Technology India's shares have appreciated by 162% over the past year, trading at Rs. 2546 apiece from its debut price of Rs. 690 per share. The company has benefited from the widespread adoption of IoT devices and growing demand for electric vehicles, positioning it as one of the most successful IPOs in recent years.

Kaynes Technology Founder Attains Billionaire Status - 05 Apr, 2024

Ramesh Kunhikannan, founder and CEO of Kaynes Technology India Ltd, became a billionaire at the age of 60 following the success of India's Chandrayaan-3 Moon mission. The company's share price rose significantly from Rs 1719 to Rs 2683.85, resulting in Kunhikannan's net worth of approximately $1.1 billion (Rs 8.3 thousand crore).

Kaynes Technology Founder Enters Forbes Billionaires List - 04 Apr, 2024

Ramesh Kunhikannan, founder and managing director of Kaynes Technology, has entered the Forbes Billionaires List for the first time in 2024 with a net worth of USD 1.2 billion. The company played a key role in India's successful space mission, Chandrayaan-3, and generates over half its annual revenue from manufacturing printed circuit board assemblies.

Kaynes Technology India Ltd sees 59.44% increase in revenue - 03 Apr, 2024

Integrated electronics manufacturer Kaynes Technology has reported a substantial increase in revenue, surging by 59.44% to reach ₹1,126.11 crore as opposed to ₹706.25 crore in FY2022. The company's order book has expanded almost tenfold over the last three years, reaching INR 34 billion in H1FY23 and INR 38 billion at the end of December 2023. However, increased competition and execution risks remain key challenges.