Kaynes Technology India surges on incorporating wholly owned subsidiary
Kaynes Technology India is currently trading at Rs. 3259.00, up by 46.00 points or 1.43% from its previous closing of Rs. 3213.00 on the BSE.
The scrip opened at Rs. 3233.00 and has touched a high and low of Rs. 3271.25 and Rs. 3213.00 respectively. So far 8528 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 6899.95 on 06-Nov-2025 and a 52 week low of Rs. 2995.85 on 20-May-2026.
Last one week high and low of the scrip stood at Rs. 3,345.15 and Rs. 3111.30 respectively. The current market cap of the company is Rs. 21671.86 crore.
The promoters holding in the company stood at 53.31%, while Institutions and Non-Institutions held 18.55% and 28.13% respectively.
Kaynes Technology India has incorporated a wholly owned subsidiary company named ‘Kaynes Arabia Electronics Company’ (KAEC), on November 2, 2026. The main objective of incorporation is to expand the business presence, including but not limited to, in the field of manufacturing and assembly of electronic products and sub-assemblies.
The entity will be engaged in the manufacturing and assembly of electronic products and sub-assemblies, primarily catering to customers in Saudi Arabia and other GCC countries, with a focus on meeting regional market requirements and expanding the Company's presence.
