A propped-up valuation gives a rosy picture of the portfolio to a fund’s investors and paves the way for the fund manager to attract more money from new as well as old investors when it goes for the next round of fund-raising.
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
December 7, 2025