Mumbai: Shares of electronic components maker Kaynes Technology fell 6% on Thursday after Kotak Institutional Equities noticed inconsistencies in the standalone company and several subsidiaries’ disclosures about inter-company transactions in 2024-2025. The broker said subsidiary Iskraemeco’s disclosures show purchases of ₹180 crore from Kaynes Electronics Manufacturing in FY2025, as well as year-end liabilities of ₹320 […]
The outsized gains of the past from Indian IPOs will fade in 2025 as investors become more discerning in what remains one of the hottest IPO markets in the world. The average return for stocks one month after listing has shrunk to 2.9% this year, compared with 22% last year and 25% in 2023, according […]