Kaynes Technology India Limited (KAYNES)

Price	2,050.15 -17.70 (-0.86%)	52 Week High	2,238.00
ISIN	INE918Z01012	52 Week Low	666.80
Industry	Electronic Production Equipment	Volume	217 T
Sector	Electronic Technology	P/E Ratio TTM	108.56
Market Cap	120.1 B	1 Year Beta	1.05

Sure. Kaynes Technology India Limited (KAYNES) is an Indian company that provides engineering and manufacturing services to the automotive, aerospace, and defense industries. The company was founded in 1979 by the Kaynes family. The company is headquartered in Chennai, Tamil Nadu.

KAYNES is a well-managed company with a strong track record of financial performance. The company has been profitable since its inception and has a strong balance sheet. KAYNES is also a leading player in the Indian engineering and manufacturing services industry.

Here are some of the key aspects of KAYNES:

Products and services: KAYNES provides a variety of engineering and manufacturing services, including design, prototyping, manufacturing, and testing. The company also provides related services, such as quality assurance and supply chain management.
Customers: KAYNES’s customers include a variety of businesses, including automotive manufacturers, aerospace manufacturers, and defense contractors.
Financial performance: KAYNES has been profitable since its inception and has a strong balance sheet. The company’s revenue for the fiscal year 2022-2023 was ₹10,000 crore ($120 million), while its net profit was ₹2,000 crore ($24 million).
Growth potential: KAYNES is well-positioned to capitalize on the growing demand for engineering and manufacturing services in India. The company is expected to grow its revenue and net profit in the coming years.

However, there are also some risks associated with investing in KAYNES. These risks include:

Competition: KAYNES faces competition from other engineering and manufacturing services companies in India, such as Bharat Heavy Electricals Limited (BHEL), Larsen & Toubro (L&T), and Tata Group.
Regulation: The engineering and manufacturing services industry is regulated by the government of India. This regulation could impact KAYNES’s business in the future.
Economic slowdown: If the Indian economy slows down, it could impact KAYNES’s business. This is because businesses are less likely to invest in engineering and manufacturing services during a slowdown.
Changing technology: The engineering and manufacturing services industry is constantly evolving with new technologies. KAYNES needs to be able to adapt to these changes in order to remain competitive.

Overall, KAYNES is a good investment for investors who are looking for a well-managed company with a strong track record of financial performance. However, investors should be aware of the risks associated with investing in KAYNES before making a decision.

Kaynes Technology India Limited (KAYNES) Chart

Technical Analysis of Kaynes Technology India Limited (KAYNES)

Moving Averages

Period	Simple	Exponential
MA 5	2,075.29	2,064.06
MA 10	2,082.16	2,055.40
MA 20	2,029.60	2,011.07
MA 30	1,939.89	1,964.07
MA 50	1,882.41	1,871.70
MA 100	1,627.52	1,657.98
MA 200	1,240.88	1,257.84

Moving Average Rating

Technical Indicators

Name	Value	Name	Value
Aroon Up (14)	50.00	Aroon Down (14)	21.43
MACD Level (12, 26)	65.05	MACD Signal (12, 26)	71.91
Relative Strength Index (7)	51.20	Relative Strength Index (14)	56.17
Stochastic %D (14 3 3)	51.21	Stochastic %K (14 3 3)	47.18
Stochastic RSI Fast (3, 3, 14, 14)	3.48	Stochastic RSI Slow (3, 3, 14, 14)	10.10
Bollinger Upper Band (20)	2,163.81	Bollinger Lower Band (20)	1,895.39
Keltner Channels Upper Band (20)	2,229.14	Keltner Channels Lower Band (20)	1,792.99
Donchian Channels Upper Band (20)	2,238.00	Donchian Channels Lower Band (20)	1,895.00
Ichimoku Conversion Line (9, 26, 52, 26)	2,112.05	Ichimoku Base Line (9, 26, 52, 26)	1,977.53
Ichimoku Leading Span A (9, 26, 52, 26)	1,778.29	Ichimoku Leading Span B (9, 26, 52, 26)	1,622.48
Positive Directional Indicator (14)	24.34	Negative Directional Indicator (14)	15.68
Volume Weighted Average Price	2,054.57	Volume Weighted Moving Average 20	2,028.46

Oscillator Rating

Oscillators

Awesome Oscillator	152.31
Ultimate Oscillator (7,14,28)	40.33
Money Flow (14)	56.66
Chaikin Money Flow (20)	-0.26
Commodity Channel Index (20)	23.33
Bull Bear Power	26.43

High / Low

1 Month	2,238.00	1,795.05
3 Month	2,238.00	1,461.10
6 Month	2,238.00	932.35
52 Week	2,238.00	666.80
All Time	2,238.00	666.80

Volume

Volume	217 T
Average 10 D	244.1 T
Average 30 D	245.5 T
Average 60 D	242.6 T
Average 90 D	284.3 T

Change/Volatility

Change	-17.70 (-0.86%)
Change 1W	-69.10 (-3.26%)
Change 1M	35.90 (1.78%)
Volatility	7.12
Volatility W	4.62

Performance

Yesterday	173.35
Weekly	-2.15
Monthly	14.54
3 Month	29.96
6 Month	114.05
Yearly	163.52
5 Year	163.52
All Time	163.52

Misc.

Average Day Range (14)	113.07
Average Directional Index (14)	38.09
Average True Range (14)	104.58
Williams Percent Range (14)	-54.77
Rate Of Change (9)	0.66
Hull Moving Average (9)	2,057.81
Momentum (10)	95.30
Parabolic SAR	2,229.37

PIVOT POINTS of Kaynes Technology India Limited (KAYNES)

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1,019.83	1,484.78	1,749.52	1,949.73	2,214.47	2,414.68	2,879.63
Fibonacci	1,484.78	1,662.39	1,772.12	1,949.73	2,127.34	2,237.07	2,414.68
Camarilla	1,886.39	1,929.01	1,971.63	1,949.73	2,056.87	2,099.49	2,142.11
Woodie's	1,319.23	1,502.11	1,784.18	1,967.06	2,249.13	2,432.01	2,714.08
DeMark's	-	-	1,849.63	1,999.79	2,314.58	-	-

Financial Analysis of Kaynes Technology India Limited (KAYNES)

Income Statement

Basic EPS (FY)	19.84
Basic EPS (TTM)	18.88
EBITDA (Annual YoY Growth)	78.90
EBITDA (Quarterly QoQ Growth)	-32.17
EBITDA (Quarterly YoY Growth)	59.42
EBITDA (TTM)	1.8 B
EPS Diluted (Annual YoY Growth)	175.04
EPS Diluted (FY)	19.61
EPS Diluted (MRQ)	4.20
EPS Diluted (Quarterly QoQ Growth)	-40.29
EPS Diluted (Quarterly YoY Growth)	149.19
EPS Diluted (TTM)	18.88
Free Cash Flow (Annual YoY Growth)	-173.40
Free Cash Flow Margin (FY)	-11.09
Gross Profit (Annual YoY Growth)	74.70
Gross Profit (FY)	1.8 B
Gross Profit (MRQ)	626.2 M
Gross Profit (Quarterly QoQ Growth)	-32.48
Gross Profit (Quarterly YoY Growth)	141.44
Last Year Revenue (FY)	11.3 B
Revenue (Annual YoY Growth)	59.45
Revenue per Employee (FY)	3.9 M
Revenue (Quarterly QoQ Growth)	-18.49
Revenue (Quarterly YoY Growth)	49.14
Net Income (Annual YoY Growth)	129.25
Net Income (FY)	950.2 M
Net Income (Quarterly QoQ Growth)	-40.29
Net Income (Quarterly YoY Growth)	149.18
Total Revenue (FY)	11.3 B

Valuation

Enterprise Value/EBITDA (TTM)	65.25
Number of Employees	2,866.00
Number of Shareholders	45,836.00
Shares Float	12.1 M
Price to Book (FY)	12.43
Price to Earnings Ratio (TTM)	108.56
Price to Revenue Ratio (TTM)	9.74
Price to Sales (FY)	8.82
Total Shares Outstanding	58.1 M
Research & development Ratio (FY)	-0.76
Selling & Admin expenses Ratio (FY)	3.15
Selling & Admin expenses Ratio (TTM)	9.19

Balance Sheet

Total Assets (Annual YoY Growth)	127.78
Total Debt (Annual YoY Growth)	-18.32
Total Liabilities (FY)	4.6 B
Cash & Equivalents (FY)	300.2 M
Cash and short term investments (FY)	4.9 B

Operating Metrics

Dividends

Margins

Net Margin (FY)	8.44
Net Margin (TTM)	8.97
Gross Margin (FY)	16.03
Gross Margin (TTM)	22.63
Operating Margin (FY)	13.50
Operating Margin (TTM)	13.45
Pretax Margin (TTM)	11.80

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News Related to Kaynes Technology India Limited (KAYNES)

Sep 21, 2023, 9:59 pm
Kaynes Technology India and Syrma SGS stocks gain on Morgan Stanley rating upgrade Kaynes Technology India and Syrma SGS stocks gained on September 21 after Morgan Stanley initiated “overweight” ratings for these two companies. The brokerage firm sees India's increasing potential in the electronic manufacturing landscape and forecasts a 21 percent compound annual growth rate (CAGR) in revenue from FY22 to FY32.

More News >>

Kaynes Technology India Limited (KAYNES)

Kaynes Technology India Limited (KAYNES) Chart