Kaynes Tech Share Price Crashes 17% in 2 Days: JPMorgan Says ‘Don’t Bottom Fish’ as Jefferies Sees 45% Upside
Kaynes Technology shares fell as much as 8% intraday on Friday, 5 December 2025, extending a two-day slide to nearly 17% after Kotak Institutional Equities flagged serious accounting and cash-flow issues. Kotak downgraded the stock, while JPMorgan and Jefferies maintained bullish targets above ₹7,500. The stock has dropped about 39% since its January peak of ₹7,822.