Kaynes Technology India surges on incorporating wholly owned subsidiary

The WOS aims to design, develop, and manufacture satellites of all classes and mission-specific payloads

Kaynes Technology India is currently trading at Rs. 5911.40, up by 140.85 points or 2.44% from its previous closing of Rs. 5770.55 on the BSE.

The scrip opened at Rs. 5775.00 and has touched a high and low of Rs. 5920.00 and Rs. 5775.00 respectively. So far 16223 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7824.95 on 01-Jan-2025 and a 52 week low of Rs. 3729.70 on 23-Jul-2024.

Last one week high and low of the scrip stood at Rs. 5928.00 and Rs. 5723.00 respectively. The current market cap of the company is Rs. 39531.47 crore.

The promoters holding in the company stood at 57.75%, while Institutions and Non-Institutions held 28.14% and 14.12% respectively.

Kaynes Technology India has incorporated a wholly owned subsidiary (WOS) namely ‘Kaynes Space Technology’ (KSTPL) on June 26, 2025. The WOS aims to design, develop, and manufacture satellites of all classes and mission-specific payloads for diverse applications such as communication, Earth observation, defense, and scientific research. It will also create modular satellite platforms and indigenous launch vehicles for various orbits (LEO, MEO, GEO, and beyond), focusing on cost-effective, reusable, and sustainable technologies.

Kaynes Technology India is an end-to-end and IoT solutions enabled integrated electronics manufacturing player, having capabilities across the entire spectrum of electronics system design and manufacturing (ESDM) services.