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June 2024 - Silicon Chip Online

June 2024 - Silicon Chip Online
siliconchip.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from siliconchip.com.au Daily Mail and Mail on Sunday newspapers.

Electronex 2024 - June 2024 - Silicon Chip Online

Electronex 2024 - June 2024 - Silicon Chip Online
siliconchip.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from siliconchip.com.au Daily Mail and Mail on Sunday newspapers.

kaynes technologies shares: Kaynes Technologies shares soar 40% in three days after Q4 results exceed Street expectations Is it time to buy or sell

Kaynes Technologies shares have surged over 40% in the past three trading sessions on the BSE following the company s robust performance in the January-March quarter. Today, the stock saw a further spike of 12%, reaching a 52-week high of Rs 3,638.4. In Q4 FY24, Kaynes Tech reported a significant increase in consolidated net profit, soaring by 96.8% year-on-year (YoY) to Rs 813 crore.

Why is the $20 billion EMS industry in the limelight? Kaynes Technology, Cyient DLM could give 25% return in 1 year

The Indian EMS industry has been at a nascent stage at only 0.6% of GDP in FY22. However, it is likely to catapult to a massive INR6t by FY27, replicating the success stories of other key sectors such as IT, specialty chemical, auto ancillary, and textile.

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