Kaynes Technology Q4 FY26 Result Update

KAYNES

Kaynes Technology Q4 FY26 Result Update Kaynes Technology India reported mixed Q4 FY26 numbers. Revenue: ₹1,243 Cr, up 26% YoY PAT: ₹91 Cr, down 22% YoY Margin pressure and weak profitability disappointed the Street despite strong topline growth. The company continues expanding into: OSAT semiconductor packaging PCB manufacturing Smart metering Aerospace & defence electronics. Price Action Today The stock witnessed heavy selling after results: Stock crashed nearly 15–19% intraday Price slipped near ₹3,350–3,550 zone Massive delivery and volume selling seen Stock moved close to its 52-week low zone. Technical View Short-Term Trend: Bearish Breakdown below important support levels Trading below 50 DMA and far below 200 DMA Strong bearish candle after results indicates institutional selling Important Levels Immediate Resistance: ₹3,750–3,850 Major Resistance: ₹4,100 Support Zone: ₹3,300 Next Support: ₹3,150 Trading Strategy Fresh buying should be avoided until stock stabilizes above ₹3,850. Traders may wait for base formation and volume contraction. Aggressive traders can watch for pullback shorting opportunities below resistance zones. Market Sentiment Brokerages like JPMorgan and Nuvama reportedly downgraded the stock after earnings miss and balance-sheet concerns, which intensified the sell-off. Conclusion Kaynes remains a strong long-term semiconductor and EMS theme stock, but today’s market reaction clearly shows disappointment on margins and earnings quality. Near-term momentum remains weak unless the stock reclaims key resistance levels.