Kaynes Tech Shares Drop 26% in Week as Kotak Securities Cuts Rating

• Kaynes Tech shares have seen a significant decline, falling 26% in one week, 36% in one month, and 44% in three months.
• Kotak Securities downgraded Kaynes Tech to "Reduce," lowering its target price from ₹6180 to ₹4150 due to unclear accounting, high working capital, and risks to FY26 guidance.
• In contrast, Prabhudas Lilladher maintains a bullish outlook on Kaynes Tech, recommending a "Buy" with a target price of ₹5624.
• The stock is currently trading at ₹3912, down 9.48% today.

Why It Matters: Kaynes Tech's diverging analyst ratings signal investor uncertainty and risk.