“The board considered and approved sub-division of existing equity shares of face value Rs 2 each of the company to equity shares of face value Re 1 each of the company, subject to regulatory approvals and the approval of the shareholder,” the company said in a filing
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