So, part of it is the valuation, but the earnings of the companies will definitely get impacted and maybe the earnings results have not yet come out and the earnings will probably take a bit of time to start showing the tariff fallout.
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