This will be the second instance of the company splitting its stock. Prior to this, Nava had split its stock from a face value of Rs 10 per share to Rs 2 per share in August 2005, according to the Trendlyne data.
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