As a result of the massive surge in share prices, the Ahmedabad-based businessman’s wealth grew 116 per cent in the last one year and in absolute terms, he earned Rs 5,88,500 crore, according to IIFL Wealth Hurun India Rich List 2022.
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