Stay updated with breaking news from Kaynes Tech. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Kaynes gets 90% of its revenue from India, while the rest is from international markets, and it serves industries such as automotive, industrial, railways, medical, aerospace etc.
According to Nuvama Institutional Equities, about 60 percent of Avalon's revenue comes from the US, and a substantial number of its clients hail from the clean energy sector.
For Kaynes Tech, CLSA has an 'outperform' rating with target at Rs 2,230 a share, 11 percent higher from the current market prices. It India’s Electronics Manufacturing Services industry to deliver a 22 percent revenue CAGR over the next decade
Despite the selling pressure, Bajaj Auto and Bajaj Finserv, ONGC, Asian Paints, and Tata Motors managed to eke out gains.
Cyient DLM is an integrated manufacturing services provider, serving highly regulated industries with high entry barriers.