The company has received approval for its Rs 4000-crore IPO from Sebi. During the year, most retailers recovered from Covid restrictions and breached pre-pandemic sales helped by increased mobility, offices reopening and social events.
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