The said shareholder had opposed the decision, citing suspension of the company’s stock from trading before the case was admitted in NCLT which had caused him a financial loss. “But the irony is that the court has already heard the shareholder in July and even in that case no order has been passed. So, we are moving in circles,” said a second person cited above.
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