Kaynes Technology shares jump 15%, hits 52-week high on strong Q4 earnings
Kaynes Technology reported a 107% year-on-year growth in net profit at Rs 41.28 crore in Q4FY23, leading to a 14.95% rise in share prices on the NSE. The company is targeting Rs 1,700 crore in revenue for FY24, led by growth in domestic markets over exports. The top management of the company is sticking to FY24 revenue target of Rs 1,700 crore which will be led by domestic growth.
