At a time when Nifty50 delivered only 2.5% returns post Q1 of the financial year 2024 (1st July – 20th September 2023), several penny stocks have rallied 130-410%.
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