Kaynes Technology: Revenue Guidance Cut Sparks Market Turmoil
 
#Kaynes Technology India Ltd saw its stock price plummet over 45% in 2025 after revising its FY25 revenue guidance downwards from ₹3,000 crore to ₹2,800 crore. Despite a 47% year-on-year increase in net profit for Q3 FY25, the market's reaction was negative, driven by concerns over the company's high price-to-earnings ratio and the broader market sentiment. Discussions among investors and analysts focused on the sustainability of Kaynes' valuation, especially when compared to other tech firms like Dixon Technologies. The stock's significant drop was also influenced by the general market downturn affecting high-valuation stocks.