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Semiconductor stock dips as MD sells ₹625 Cr worth of shares

Semiconductor stock dips as MD sells ₹625 Cr worth of shares
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By : Sandhya

  |  5 Jun 2025 8:44 PM IST

The shares of Kaynes Technology India Ltd, a leading player in IoT-enabled integrated electronics manufacturing services, came under focus after its Managing Director and promoter, Ramesh Kunhikannan, offloaded a significant stake in the company.

On June 4, 2025, Kunhikannan sold 11.25 lakh equity shares — accounting for 1.76% of the company’s total equity — via multiple bulk deals on the NSE and BSE.

On the NSE, 6.25 lakh shares were sold at an average price of ₹5,550.87.

On the BSE, 5 lakh shares were sold at ₹5,553.03 per share.

The total value of the transaction stood at approximately ₹625 crore.

Despite the large-scale stake sale, the stock saw only a marginal dip of 0.17%, trading at ₹5,720, compared to the opening price of ₹5,730.05. As of Thursday, the company’s market capitalization stood at ₹37,231 crore.

Financial Highlights:

Q4FY24-25 Revenue: ₹1,004.95 crore (up 50.7% YoY from ₹666.71 crore)Net Profit: ₹116.2 crore (up from ₹81.26 crore YoY)

Debt-to-Equity Ratio: 0.32

3-Year Revenue CAGR: 36.71%

3-Year Net Profit CAGR: 63.84%

Return on Equity (ROE): 19.4%

Return on Capital Employed (ROCE): 19.2%

Order Book (FY25): ₹6,597 crore

Net Worth (FY25): ₹2,837 crore

Revenue Breakdown (FY25):

Industrial & EV Segment: 55%

Automotive: 26%

Railways: 7%

IoT/IT & Other Sectors: 8%

Medical: 2%

Aerospace, Space & Strategic Electronics: 1%

Despite the promoter’s partial exit, Kaynes continues to demonstrate strong fundamentals and robust financial growth, backed by a diversified revenue base and healthy order book.

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