The Mumbai headquartered company reported 47.3% year-on-year growth in net profit at Rs 52.6 crore while revenue from operations rose by 40% to Rs 246.3 crore for the September quarter. Loan disbursement increased by 25% to Rs 701 crore.
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