Buy Kaynes Technology, target price Rs 9,100: Motilal Oswal Financial Services
Motilal Oswal Financial Services recommends a buy on Kaynes Technology India, targeting Rs 9,100. Kaynes reported a 13.79% increase in Q3 consolidated total income. Promoters own 57.75% of the company. Future growth is expected through strong revenue, a large order book, and high-margin businesses. Risks include working capital changes and supply chain issues.
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