- By Aditya Pratap Singh
- Thu, 14 May 2026 12:18 PM (IST)
- Source:JND
kaynes Technology Share Price: The Shares of Kaynes Technology tanked nearly 19 per cent during the intraday trade on Thursday after the electronics system design and manufacturing company posted 21.5 per cent decline in consolidated net profit for fourth quarter of last fiscal year (Q4 FY26). Post the Q4 results announcement, the tech stock started the session with a huge gap down at Rs 3,760.60 as compared to last day's closing of Rs 4,178.40.
The Kaynes Tech shares extended the losing momentum further amid massive selling pressure to hit an low at Rs 3,366.10, down Rs 812 or 19.4 per cent on NSE. AT the time of writing, the stock was trading at Rs 3,376.80, down Rs 801.60 or 19.18 per cent.
Meanwhile, its 52 week high and low values stood at Rs 7,705 and Rs 3,294.90, respectively.
Q4 Results
Meanwhile, Global brokerage firm JPMorgan downgraded the stock post the announcement of Q4 earnings. The company had posted consolidated net profit of Rs 91 crore for the quarter under review, compared to 116 crore in the same quarter a year ago.
According to the company's latest exchange filing, besides profit, revenue grew 26 per cent to Rs 1,242.64 crore in the fourth quarter (Q4), compared to Rs 984.48 crore corresponding quarter a year ago.
At the operational level, the company's EBITDA or operating profit was reported at Rs 1,937 crore for the quarter, which is a jump of 15.4 per cent year-on-year increase from Rs 1,679 crore.
Share Price History
In the last five session, the stock fell over 22 per cent. In a month the shares slipped over 15 per cent, while in the last six months, the stock plummeted around 45 per cent. This year till date, the stock fell nearly 15 per cent. However, in last five years, the tech stock jumped over 350 per cent.
Disclaimer: This story is for informational purposes only. It should not be considered as investment advice.