Kaynes Technology India Limited operates as an end-to-end and IoT solutions-enabled integrated electronics manufacturer in India and internationally. It provides conceptual design, process engineering, integrated manufacturing, and life cycle support for various industries including automotive, industrial, aerospace and defence, outer-space, nuclear, medical, railways, internet of things, information technology, and other industries. Kaynes Technology India Limited was founded in 1988 and is based in Mysore, India.
Revenue projections:
Revenue projections for KAYNES KAYNES is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
currentRatio
0.00000
forwardPE
58.70834
debtToEquity
31.74800
earningsGrowth
0.07000
revenueGrowth
0.33600
grossMargins
0.32912
operatingMargins
0.14465
trailingEps
49.34000
forwardEps
69.55000
KAYNES's forward PE ratio is too high, raising concerns that future price increases may be restricted and a correction could be imminent. It's essential to weigh this parameter carefully in conjunction with other fundamentals to get a clearer picture of the stock's valuation. KAYNES's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.
Price projections:
Price projections for KAYNES Over time, price projections for Kaynes Technology India Limited have been gradually revised upward, reflecting increasing optimism about the company's future performance. This trend suggests analysts are growing more confident in Kaynes Technology India Limited's ability to deliver strong results and achieve higher market value.
Recommendation changes over time:
Recommendations trend for KAYNES
Analysts have been favoring KAYNES with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning KAYNES as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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