Kaynes Tech shares rebound 6%; brokerages mostly bullish on growth post-selloff

• Kaynes Technology shares rose up to 6% on December 11, rebounding after a ~40% selloff.
• The recent selloff was triggered by concerns over inconsistencies in the company's related-party disclosures.
• Brokerages like ICICI Direct, Prabhudas Lilladher, Macquarie, and Nomura maintain 'Buy' or 'Outperform' ratings with significant upside potential.
• ICICI Direct views disclosure issues as non-fraudulent with no financial impact, while Macquarie noted management clarification despite "muddied waters."
• Kotak Securities maintains a 'Reduce' rating, lowering its target price to Rs 4,150.

Why It Matters: Disclosure issues and mixed brokerage ratings affect Kaynes Tech investors.