Ebitda, as per the poll, is seen at Rs 768 crore compared with Rs 363 crore, up 112 per cent YoY. Ebitda margin is seen rising to 23.1 per cent from 18.4 per cent YoY. All eyes would be on raw material cost inflation, the company’s plans to expand in new geographies and the outlook on VECV vehicles.
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