However, analysts remain positive on the private lenders despite its muted debut at the bourses and suggest that investors should hold the counter for a longer run. However, any fresh entry at current levels shall be avoided, majority of them said.
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