“We have to be careful now. After a 35% fall, the brokerages are now coming out with caution notes. We need to be still cautious there but as the management and the analysts turn cautious, in the next three-four months, we might actually get opportunities to buy into these stocks.”
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