Kaynes Technology Share Price Falls Nearly 6% After Lock-in Expiry

Kaynes Technology share price dropped sharply on Tuesday after the expiry of its shareholder lock-in period. The stock slipped almost 6%, touching an intraday low of ₹5,879.95. With the end of the restriction, around 11.6 million shares have now become eligible for trading.

Lock-in Expiry Releases 20% of Equity

The shares unlocked represent about 20% of the company’s outstanding equity, according to market data. A lock-in period prevents certain early shareholders, such as promoters or pre-IPO investors, from selling their holdings for a fixed time. This system helps maintain stability in the stock after listing.

The expiry does not mean that the newly released shares will all be sold immediately. It only allows shareholders the option to trade them if they choose. Based on Monday’s closing price, the total value of shares now free to trade stands at around ₹7,233 crore.

Such events can sometimes lead to short-term volatility as the market adjusts to the increase in available shares.

Strong Q2 Results Despite Market Pressure

Kaynes Technology reported a sharp improvement in earnings in the September quarter.

 Key highlights include:

• Net profit: ₹121.4 crore, up 102% from ₹60.2 crore last year
• Revenue: ₹906.2 crore, up 58.4% from ₹572 crore
• EBITDA: ₹148 crore, up 80.6%
• Margins: Improved to 16.3% from 14.3%

The company also expanded its order book, reaching ₹8,099.4 crore in Q2, compared to ₹5,422.8 crore a year earlier.

Kaynes continues to strengthen its capabilities across semiconductor production, HDI PCBs, system integration and advanced manufacturing. New developments include products in AR/VR, space technology and strategic electronics, along with continued expansion of global operations.

Kaynes Technology Share Price Performance

Even after Tuesday’s fall, the stock remains one of the strongest long-term performers in the technology sector:

• Down 25% from its 2-week high of ₹7,824.95 (January 2025)
• Up 53% from its 52-week low of ₹3,835 (February 2025)
• Down 22% in 2025 so far
• Up 12% over the past one year
• Up nearly 11 times from its IPO price of ₹587 per share (IPO opened in November 2022)

Read more: Ashok Leyland, Asian Paints Among 10 Stocks Turning Record Date Today, November 18, 2025.

Conclusion

Kaynes Technology’s share price decline follows a major lock-in expiry that increased the supply of tradable shares. Despite the short-term pressure, the company’s financial performance remains strong, supported by solid revenue growth, expanding margins and a rising order book. The long-term market outlook will depend on business momentum and overall investor sentiment in the coming weeks.

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