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 Investors may be wary of KAYNES as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.
Financial Ratios:
currentRatio
1.59500
forwardPE
60.85426
debtToEquity
31.74800
earningsGrowth
0.38900
revenueGrowth
0.54500
grossMargins
0.30203
operatingMargins
0.15330
trailingEps
45.43000
forwardEps
69.55000
KAYNES's current ratio, being 1.595, means the company is well-positioned to meet its short-term debt obligations. This reflects KAYNES's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities. KAYNES's high forward PE ratio indicates potential overvaluation, which could restrict future price growth and increase the risk of a correction. It's crucial to consider this metric in tandem with other fundamental data to fully assess the stock's outlook. KAYNES's positive earnings and revenue growth signal that the company is expected to expand its business. This healthy financial trend reflects an optimistic outlook, suggesting continued growth in both sales and profits for KAYNES. With a forward EPS greater than its trailing EPS, KAYNES is forecasted to be more profitable this year than last. This growth expectation reflects confidence in the company's earnings potential and suggests an improving financial trajectory for the year ahead.
Price projections:
Price projections for KAYNES Price projections for Kaynes Technology India Limited have gradually risen over time, signaling increased optimism about the company's future prospects. This steady upward revision reflects growing confidence in Kaynes Technology India Limited's market potential.
Recommendation changes over time:
Recommendations trend for KAYNES
With analysts showing a buy bias for Kaynes Technology India Limited, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning Kaynes Technology India Limited as a safe and profitable place for investors to allocate their funds and seek growth.
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