Kaynes Tech share selloff: Kotak vs JPMorgan, Morgan Stanley, Nomura. Here’s what brokerages are saying
Kaynes Technologys steep decline has sparked intense scrutiny after accounting inconsistencies flagged by Kotak raised concerns over disclosures and smart-metre dependence. While this triggered the sell-off, most brokerages argue fundamentals remain intact, valuing the stock attractively despite working-capital stress and revised guidance. Analyst views remain divided but broadly constructive with improvement triggers ahead.
Kaynes Technologys steep decline has sparked intense scrutiny after accounting inconsistencies flagged by Kotak raised concerns over disclosures and smart-metre dependence. While this triggered the sell-off, most brokerages argue fundamentals remain intact, valuing the stock attractively despite working-capital stress and revised guidance. Analyst views remain divided but broadly constructive with improvement triggers ahead.
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