Analysts said the stock, which has been hit by worries around the windfall tax on diesel and gasoline exports recently, has priced in most of the negatives and valuations are attractive though a runaway rally is unlikely soon.
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