Kaynes Technology Targets 45% Upside as Jefferies Sets Buy Rating

Kaynes Technology gains attention with a 45% upside target by Jefferies, driven by strong sales growth and expansion plans for OSAT and PCB sectors.

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11 days ago

Kaynes Technology Targets 45% Upside as Jefferies Sets Buy Rating

Kaynes Technology Targets 45% Upside as Jefferies Sets Buy Rating
Kaynes Technology India Ltd., specializing in integrated electronics manufacturing and IoT solutions, is receiving attention after Jefferies initiated a 'Buy' target with a 45% upside. The company's market capitalization stands at ₹35,622.22 crore, with shares rising 0.4% to ₹5,433.80. Jefferies projects a 51% CAGR in sales and EPS between FY25 and FY28, driven by expansion plans and production scaling.
Companies:
  • Kaynes Technology India Ltd
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  • Kaynes Technology
  • semiconductor