Kaynes Tech misses FY26 guidance, Nuvama downgrades stock

Kaynes Tech misses even its lowered FY26 guidance. Nuvama has downgraded the stock to 'Reduce' with a revised target price of ₹4,000, citing execution delays and margin pressures. Revenue growth and order ramp-up are trailing expectations despite strong order book visibility.

📊 STOCKS: $KAYNES | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #BrokerDowngrade