Tag: Meter

Nomura Downgrades Kaynes Tech Goal Amid Good Meter Challenges, Retains ‘Purchase’ Ranking

World brokerage Nomura has made a downward revision on its goal for Kaynes Expertise to ₹5,455, from ₹8,478 earlier, even because it maintained a ‘Purchase’ ranking, citing progress realignment and execution points within the smart-meter section, in addition to elevated working capital. The brand new goal relies on 35x FY28F earnings per share (EPS), on…

December 11, 2025

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Nomura Downgrades Kaynes Tech Goal Amid Good Meter Challenges, Retains ‘Purchase’ Ranking