Fairfax has more than 10% shareholding and voting rights indirectly in two MFs – IIFL and Quantum. Fairfax said it’s in the process of paring its stake in IIFL Wealth to comply with Sebi norms.
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