Volume growth stood at 37% – one of the highest in the past six quarters. While gross margins dipped by 40 bps due to material cost inflation, EBITDA margin improved 160 bps on better scale and cost efficiencies across businesses.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of