23-08-2024 02:39 PM | Source: Accord Fintech
Kaynes Technology rises on inaugurating electronics manufacturing facility in Hyderabad

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Kaynes Technology India is currently trading at Rs. 5028.60, up by 6.50 points or 0.13% from its previous closing of Rs. 5022.10 on the BSE.

The scrip opened at Rs. 5022.10 and has touched a high and low of Rs. 5165.80 and Rs. 4954.05 respectively. So far 7003 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5385.00 on 21-Aug-2024 and a 52 week low of Rs. 1,797.00 on 24-Aug-2023.

Last one week high and low of the scrip stood at Rs. 5385.00 and Rs. 4954.05 respectively. The current market cap of the company is Rs. 32111.80 crore.

The promoters holding in the company stood at 57.83%, while Institutions and Non-Institutions held 32.14% and 10.04% respectively.

Kaynes Technology India has inaugurated its cutting-edge electronics manufacturing facility in Hyderabad. The opening, held on August 23, 2024, marks a significant achievement in the company's strategic expansion, reinforcing its commitment to innovation, sustainability, and excellence.  

The Hyderabad facility is equipped with the latest manufacturing technologies, including high-precision electronic assembly, 3D optical and Artificial Intelligence enabled state of the art inspection systems, and lead-free/RoHS-compliant processes. It is designed with sustainability in mind, aiming to minimize environmental impact while maximizing production efficiency. The plant will cater to various sectors such as industrial, automotive, medical electronics, aerospace, and telecommunications, underscoring Kaynes Technology’s versatility and expertise.

Kaynes Technology India (KTIL) is an end-to-end and IoT solutions enabled integrated electronics manufacturing player, having capabilities across the entire spectrum of electronics system design and manufacturing (ESDM) services.