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Kaynes Technology shares jump on strong semiconductor optimism
Kaynes Technology shares surged as optimism around semiconductor manufacturing and order inflows lifted sentiment.
Shares of Kaynes Technology rose sharply after strong buying interest emerged in early trade. Market participants attributed the rally to optimism around semiconductor manufacturing and electronics outsourcing opportunities. Expectations of higher order inflows, capacity expansion, and government support for domestic chip manufacturing have boosted sentiment.The stock has been gaining attention as investors position for long term growth in India’s electronics and semiconductor ecosystem.