Increasing investor interest in electronics manufacturing services (EMS) companies can be witnessed on the Indian stock market, and Kaynes Technology Share Price is one of the most-talked-about names. With strong revenue growth and ambitious plans for capacity expansion, the company is a microcosm of India’s attempt to transform itself into a global electronics manufacturing powerhouse.
This exhaustive article combines share price movements, along with factor influences including fundamental as well as technical levels of the stock, shareholding pattern, along witha description of corporate actions going forward, all presented in a style reminiscent of popular brokerages’ stock pages.
Kaynes Technology India Ltd Share Price Overview
Listing: The shares have been listed on both the NSE and BSE with the code KAYNES. The stock has been trading in a band of ₹3,700–₹3,800 over the past few sessions, evidencing significant volatility after a sharp fall from its highs.
His areas of focus include the factors driving stocks to their 52-week high and those pulling them down to a 52-week low. The former is often indicative of the best performers in an industry (whatever that industry may be), as it highlights strong interest from market participants in terms of bids pushing shares higher. While faced with short-term pressures, the company still remains a long-term growth story that investors want to pay attention.
It makes Kaynes one of the leading mid-cap tech manufacturing companies in India, with a current market cap of around ₹24,000–₹25,500 crore.
Fundamental Analysis of Kaynes Technology India Ltd
Valuation Kaynes Technology India Ltd is trading at a higher valuation at 0.7 times TTM P/B (price to book) value compared to industrial manufacturing peers, where the median TTM P/B was 0.6 times during the past six months. The price-to-earnings (P/E) ratio of about 66 suggests investors are paying a higher revenue multiple to own the stock today relative to earnings gains over the next several years. In the same vein, a P/B ratio of ~8.3 demonstrates robust conviction about the company’s assets, technology prowess, and future ability to generate cash flow.
The EPS (TTM) is approximately ₹58, which signals the company’s profitability this year despite new investments in business and research for future growth, while the dividend yield at 0% indicates that Kaynes’s investment returns are balanced with the cost of capital. Nevertheless, one should be aware that dividend yields are relatively low and limited compared to other products available on the market. Selecting these stocks is riskier when we plan to make it permanent. Promoters held 100% stake in the company.
Large trading volumes and higher value traded on active market dayssuggest a continued stock-market participation by institutions as well as retail.
| Metric | Value |
|---|---|
| P/E (TTM) | ~66 |
| P/B Ratio | ~8.3 |
| EPS (TTM) | ~58 |
| Dividend Yield (1Y) | 0.00% |
| Avg Traded Price | ~₹3,830 |
| Traded Value (Cr.) | ~₹2,639 |
| 1-Yr Return | Negative trend |
| Traded Volume | Variable daily volumes |
And taking performance through various time frames shows that investor sentiment is as mixed at it appears:
On a short-term basis (one week), the stock has observed a price change of 0.19%.
In the past 1 month, range-bound trading has dominated the price action.
Over the last three months, the trend has been downward, signaling continued correction in broader markets and profit-booking following robust rallies.
On a 1-year basis, returns are now negative following the large plunge from peak levels, but longer-term investors remain optimistic on the fundamentals.
These movements emphasize the need to look at both technical levels and long-term business strength before making investments.
Technical Analysis: Support / Resistance Levels
| Type | Price Levels (₹) |
|---|---|
| Support Level 1 | 3,440 |
| Support Level 2 | 3,180 |
| Support Level 3 | 3,020 |
| Resistance Level 1 | 3,859 |
| Resistance Level 2 | 4,017 |
| Resistance Level 3 | 4,278 |
Support for the contract is at ₹3,440, and then at ₹3,180 and ₹3020. These are levels at which you could place buy orders as the price dips.
On the upside, resistance is seen around ₹3,859, ₹4,017, and ₹4,278. A convincing breakout above these levels on increased volume may point to a continuation of an uptrend.
Technical indicators indicate that the stock is consolidating in current levels after seeing a sharp correction.
Shareholding Pattern and Investor Confidence
| Shareholder Category | Holding (%) |
|---|---|
| Promoters | ~53.46% |
| Mutual Funds | ~14–15% |
| Foreign Institutional Investors (FIIs) | ~8–9% |
| Retail & Others | ~20–21% |
The shareholding pattern of Kaynes Technology India Ltd is a strong confidence of promoters and institutions.
The promoters own about 53.46 per cent shares, which is nothing less holding of the company for long-term prospects. Mutual funds as a group held about 14-15%, which is a clear institutional bet on the company’s growth. Foreign institutional investors (FIIs) own nearly 9%, but the rest is held by the public and others.
It’s a very balanced shareholding structure, which usually provides stability to the counter and reduces its ability to fall too deeply during any market turmoil.
Business Overview: What Kaynes Technology Does?
25 APRIL 2014: Kaynes Technology is one of India’s leading Electronics Manufacturing Services (EMS) companies working for several global Original Equipment Manufacturers serving in world-class automotive, consumer products, industrial, healthcare, and telecom sectors.
The company caters to a wide range of high-growth segments such as automotive electronics, industrial automation, medical devices, consumer electronics, and aerospace and defence. The capability to offer end-to-end solutions for the product lifecycle positions it well against smaller EMS players.
India is the new focal point foran extended global supply base and has, in some ways, become the epicentre of global manufacturing with Kaynes’ factories spread across India and increasingly making high-value electronics. It’s set to benefit largely from this shift that’s being engineered by Covid-19-related disruptions as well as “Make in India”.
Growth Drivers and Industry Tailwinds
State Of The Factors: Multiple structural factors support the long-term view on Kaynes Technology India Ltd. Electronics manufacturing activity in India is burgeoning with a strong push from the government, domestic demand uptick, and international players looking for de-concentration in supply chain factories.
| Growth Factor | Impact |
|---|---|
| Make in India Initiative | Strong Tailwind |
| Global Supply Chain Shift | Increased EMS Demand |
| Expansion of Electronics Sector | Long-Term Revenue Growth |
| High-Value Manufacturing Focus | Margin Improvement |
| Design-Led Solutions | Competitive Advantage |
Kaynes’ investments in high-end manufacturing, backward integration, and design strengths allow it to operate at higher levels of the value chain instead of focusing solely on cost. As such,h its presence in regulated and high-reliability applications, for instance, automotive and medical electronics, also enhances margin stability over time.
Further increasing localisation of electronics components in India is likely to provide continued opportunities to well-entrenched EMS companies.
Risks and Challenges to Consider
There are risks, though investors may notice significant growth potential. Credit… High valuations are likely to cause sharp corrections in stock prices if earnings growth slows. The EMS industry is also a capital-intensive business and requires constant investment in capacity and technology.
Margins are also susceptible to change due to reliance upon a small number of large clients, variations in global demand, and the cost of raw materials. Accordingly, therefore, Kaynes Technology India Ltd could see some short-term volatility at least while long term remain valid.
Long-Term Outlook
Kaynes Technology India Ltd is a typical high-growth, high-expectation stock. Although the past few weeks have seen prices cool off a bit, valuations continue to be at a premium on account of the company’s strong presence in India’s electronics manufacturing space.
For long-term investors who have faith in India’s manufacturing growth story and can live with interim volatility, Kaynes may be an interesting business to follow closely. Yet sensible entry points, disciplined risk control, and a long-term investment horizon are still also in order.
Final Thoughts
Kaynes Technology Share Price epitomizes where technology, manufacturing, and the new Indian economic evolution stand today. But its solid underpinnings, broad sector exposure,e and long-term industry tailwinds place one of the most-watched EMS stocks in the market currently.
FAQs
Q: What is Kaynes Technology India Ltd’s current share price?
A: Over the last few sessions, it’s trading in the region of ₹3,700–₹3,800 on NSE/BSE.
Q: What is the market capitalization of Kaynes Technology India Ltd?
A: Market cap is ~₹24,000–₹25,500 Cr.
Q: What is the PE & PB ratio?
A: About 66 (P/E) and ~8.3 (P/B).
Q: What are 52-week highs and lows?
A: High ₹7,705 and Low ₹3,295.
Must Read-: What is Trading and Profit and Loss Account: Complete Guide for Indian Businesses and Traders
