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 With KAYNES's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
currentRatio
0.00000
forwardPE
69.44377
debtToEquity
31.74800
earningsGrowth
0.07000
revenueGrowth
0.33600
grossMargins
0.32912
operatingMargins
0.14465
trailingEps
49.00000
forwardEps
69.55000
KAYNES's forward PE is elevated, which may cap future price gains and even lead to a price correction. This overvaluation risk highlights the importance of considering this metric carefully in combination with other fundamental indicators to evaluate the stock properly. KAYNES's forward EPS being higher than its trailing EPS suggests that the company is expected to generate stronger profits this year. This points to improving financial performance, with KAYNES anticipated to deliver better earnings than it did in the prior year.
Price projections:
Price projections for KAYNES Over time, price projections for KAYNES have been gradually revised upward, reflecting increasing optimism about the company's future performance. This trend suggests analysts are growing more confident in KAYNES'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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