Kaynes Tech tanks 19%. Why JPMorgan and Nuvama downgraded EMS stock

May 14, 2026

Kaynes Technology shares plunged after the company’s Q4 results disappointed investors on multiple fronts, including a revenue guidance miss, weaker balance sheet metrics, and a sharp drop in profit. The stock fell to Rs 3,760.10 on the BSE as brokerages turned cautious following the earnings report.

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ITC’s tobacco business is going cheap but Kotak Institutional Equities thinks market has it wrong

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