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Kaynes Technology shares rise sharply amid semiconductor demand optimism
Kaynes Technology stock gained as semiconductor manufacturing optimism lifted sentiment.
Shares of Kaynes Technology jumped after renewed optimism around India’s semiconductor manufacturing push. Investors cited strong order visibility, electronics manufacturing tailwinds, and government incentives as key drivers. Analysts said rising domestic demand and export opportunities continue supporting EMS valuations, though short-term volatility may persist due to global technology sector movements and broader market sentiment shifts as earnings outlook remains constructive despite near term uncertainty ahead.