Kaynes Technology India’s stock is trading higher at RS 6761.05, gaining RS 71.05 or 1.06% from its previous close of RS 6690.00 on the BSE.

The stock opened at RS 6759.80 and touched an intraday high of RS 6790.00 and a low of RS 6705.15. A total of 3395 shares have been traded so far.

The BSE Group ‘A’ stock, with a face value of RS 10, has recorded a 52-week high of RS 7824.95 on January 1, 2025, and a 52-week low of RS 3835.00 on February 11, 2025. Over the past week, the scrip traded between RS 7079.35 and RS 6632.90. The company’s market capitalization currently stands at RS 45100.24 crore.

As of the latest data, promoters hold 53.46%, while institutions and non-institutions own 34.37% and 12.17% respectively.

In a recent development, Kaynes Holding Pte (Kaynes Singapore), a wholly owned subsidiary of Kaynes Technology India, has signed a share purchase agreement (SPA) with Frauscher Sensor Technology Group GmbH to acquire an additional 7% stake in Sensonic GmbH. The acquisition will be made for a consideration of one Euro.

Kaynes Technology India is a leading integrated electronics manufacturing and IoT solutions provider, offering end-to-end services across the electronics system design and manufacturing (ESDM) spectrum.