Share price recovered after the company confirmed an internal replacement. Technicals remain strong with an upside potential till ₹7,800 in the near term
The analyst highlights Kaynes as a fast-growing electronics manufacturer with robust sales and earnings momentum, eyeing ₹7,500–₹7,800 as the next target.
With PM Modi announcing the introduction of the first made-in-India semiconductor chips later this year, an analyst flags HCL Tech and CG Power as potential winners.