KAYNES

Leading Electronics Manufacturing Services (EMS) + IoT player Exposure to: EV, Aerospace, Defence Railways, Smart meters Semiconductor & PCB ✅ Strengths Strong growth: 95% profit CAGR (5 years) Revenue ₹2,800+ Cr, profit improving Govt push (electronics + semiconductor) positive tailwind Institutional interest (recent block deals) Strong resistance: ₹4,200 – ₹4,500 Immediate support: ₹3,300 Major support: ₹3,000 👉 Below ₹3,300 → weakness can continue 👉 Above ₹4,200 → trend reversal possible