Shares of Kaynes Technology rose 14% from their 52 week low in three sessions on the back of value buying and positive reports by some brokerages. The stock, which resumed its winning run for the second straight session today, slipped to a 52-week low of Rs 3713.75 on December 9. Advertisement

Prior to that, the Kaynes stock crashed 30% to 52 week low during four sessions. The selloff was triggered after Kotak Institutional Equities raised concerns regarding inconsistencies in the company's related-party disclosures for FY2025. In a note, Kotak said it had identified multiple mismatches between the disclosures made by Kaynes Technology, Kaynes Electronics Manufacturing, and its subsidiary Iskraemeco for FY2025.

Subsequently, the stock closed 6.3% lower at Rs 4,971.50 on December 4.

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