Page 2 - Kaynes Technologies News Today

Market observers will be monitoring the actions of pre-IPO investors and promoters in firms such as Mankind Pharma, Kaynes Technologies, Gland Pharma, Utkarsh Small Finance Bank and Senco Gold, among others, to ascertain whether they opt to divest or maintain their current holdings.

The selected companies will get incentives well within the fund allocated for the scheme, the report said

Dell: The PLI scheme aimed at boosting local manufacturing of IT hardware offers incentives to make laptops, tablets, all-in-one PCs, servers and ultra small form factors in India.

"Mysuru, for example, can become an electronics and semiconductor manufacturing hub. Were planning maritime manufacturing clusters in Mangaluru, which is a coastal city," said IT minister Priyank Kharge.

Mid-cap companies such as Kaynes Technologies, Astral, Sriram Finance, Star Health, Mold-Tek Packaging, Avalon Technologies, Bikaji Foods, and TCI Express are among the two dozen companies that have seen the highest number of management meetings with fund managers since August 1.

Kaynes Technologies was listed in November 2022 and the stock jumped 102 per cent from its issue price, making it a multibagger in just six months.

Index service provider MSCI has announced multiple changes in its MSCI India Domestic Smallcap Index applicable from May 31, 2023.

BSE Sensex surged 582.87 points, or 0.99 per cent, to 59,689.31, whereas NSE's Nifty50 rallied 159 points or 0.91 per cent to settle at 17,557.05 for the day.

What

Usha Martin, Kaynes Tech, LIC, Krsnaa Diagnostics, HDFC Bank figure in 20 stocks to watch