Kaynes Technology shares fell 6% after Kotak Institutional Equities highlighted discrepancies in inter-company transaction disclosures between the parent and its subsidiaries. The brokerage noted significant unrecorded transactions and receivables, alongside concerns about accounting for goodwill and intangibles. This follows a substantial rally in the stock.
New fund offers: 1 mutual fund and 1 SIF to open for subscription this week. Check details
One mutual fund and one specialised investment fund (SIF) will open for subscription this week, offering investors exposure to passive and hybrid long-short strategies. HSBC