Kaynes Technology reported a 40% revenue growth to ₹946 crore in Q1, beating estimates, though margins narrowed. The company called FY27 tough but expects profitability to normalize. Motilal Oswal maintained a 'buy' rating with a ₹5,000 target, citing a robust order book and growth drivers.
Kaynes Tech shares in focus after Q1 results; Motilal Oswal sees 30% upside
Source: CNBC TV18