JPMorgan Cautions Investors on Kaynes Tech After Kotak's Critical Report

JPMorgan advises caution on Kaynes Tech, following concerns raised in Kotak’s critical report, as the stock faces immense selling pressure.

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11 days ago

JPMorgan Cautions Investors on Kaynes Tech After Kotak's Critical Report

JPMorgan Cautions Investors on Kaynes Tech After Kotak's Critical Report
JPMorgan has urged caution to investors eyeing Kaynes Technologies, following a critical report from Kotak Institutional Equities. The brokerage firm highlighted concerns over Kaynes Tech's FY25 annual report, citing 'ambiguous' and 'inconsistent' figures. While Kaynes' fundamentals and guidance remain steady, JPMorgan noted that the stock is facing immense selling pressure, driven by negative sentiment.
Companies:
  • Kaynes Technologies
  • Kotak Institutional Equities
  • JPMorgan
Tags:
  • Kaynes Tech
  • JPMorgan