Page 13 - Kaynes Technology News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The list is dominated by capex plays as the impact of the upcycle is being noticed in both earnings as well as share prices. Topping the chart are two rail stocks - Titagarh Rail Systems and Jupiter Wagons - which have been reporting at least a 100% YoY jump in their profits. In the September quarter, Titagarh reported a 107% rise in PAT and 54% sales growth while Jupiter saw its profit rising 233% against 111% growth in sales.

Meet Ramesh Kunhikannan, the electrical engineer who is now a billionaire thanks to the history-making success of Chandrayaan-3

Ramesh Kunhikannan currently owns 64% stake in the company and in the recent years he benefited from the Centre's ‘Make in India’ programme.

This will be an interesting, high-tech addition to the $9 billion (revenue) engineering and financial services conglomerate

India's Chandrayaan-3 moon landing marked by Kaynes Technology's pivotal role propelled Ramesh Kunhikannan, an electrical engineer and founder, into billionaire status. Supplying crucial electronic systems for the mission, Kaynes witnessed a 40% surge in shares, elevating Kunhikannan's net worth to $1.1 billion. With exponential revenue growth and plans for a $340 million semiconductor unit, Kaynes stands poised amid India's burgeoning electronics market.