Kaynes Technology India Ltd. are trading with losses in Friday's trading session. The stock has fallen in the last four trading sessions.
November 18 will be an important session as its shareholder lock-in will end during this session.
As many as 11.6 million shares of Kfin Technologies will free up for trading once that lock-in period ends on November 18.
The number of shares that will free up for trade amount to 20% of the outstanding equity of the company.
It must be specified that the end of a lock-in period does not mean that all of those shares will be sold in the open market, but will only become eligible to be traded.
Kaynes Technology India Ltd. reported its earnings for the September quarter on November 4. The company's net profit for the quarter under review increased 102%

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