Kaynes Technology Shares Shed $1 Billion In Market Cap On Analyst Concern
Published on: Dec. 8, 2025, 6:47 p.m. | Source: NDTV Profit
Kaynes Technology India Ltd.’s shares extended losses, erasing more than $1 billion in market value this month, as concerns grow over its accounting practices. The electronics component maker’s shares fell 13% on Monday, stretching losses so far in December to over 30%, following reports from JPMorgan Chase & Co. and Kotak Institutional Equities on concerns around deterioration in its cash flows. The company’s market capitalization has dropped to $2.8 billion.
