Semiconductor Stock Kaynes Technology Share Price Falls After MD and Promoter Sell 11.25 Lakh Shares

The shares of Kaynes Technology India Ltd, a semiconductor company specialising in end-to-end, IoT-enabled integrated electronics manufacturing services, are under the spotlight after the MD and promoter, Ramesh Kunhikannan, executed a bulk deal selling a portion of his stake. The Kaynes Technology share price had opened at ₹5,675 on June 6, 2025, dropped by 0.65% and was trading at ₹5,623 at 10:16 AM. 

Bulk Deal Led by Promoter’s Stake Sale

On June 4, 2025, Ramesh Kunhikannan, the Managing Director and promoter of Kaynes Technology India Ltd, executed multiple bulk deals across both NSE and BSE. A total of 11.25 lakh shares were sold in these transactions, amounting to ₹625 crore. The shares were sold at an average price of ₹5,550.87 per share on NSE for 6.25 lakh shares and ₹5,553.03 per share for the remaining 5 lakh shares on BSE. The sale of these shares accounted for about 1.76% of the company's equity.

Recent Developments at Kaynes Technology India Ltd

In addition to the bulk deal, the company recently announced its plans to further invest $88,00,000  towards the acquisition of equity shares in Kaynes Holding Pte. Ltd, a wholly owned subsidiary of the company. The acquisition is expected to involve up to 87,12,872 shares at an issue price of $1.01 per share. This investment is part of the company’s strategic moves to bolster its position in the global market.

Robust Order Book, Despite Dismal Kaynes Share Price Performance 

As of FY25, Kaynes Technology India Ltd is in a strong financial position. The company holds a robust order book worth ₹6,597 crore and boasts a net worth of ₹2,837 crore. Despite the decline in stock value following the stake sale, the company has maintained healthy profitability. It reports a return on equity (ROE) of 19.4% and a return on capital employed (ROCE) of 19.2%. This reflects that key metrics are stable, while the Kaynes share price may have faced short-term turbulence. 

Read More: ZF Commercial Block Deal: Promoters to Offload ~3.13% Stake!

Revenue Breakdown and Sectoral Performance

Kaynes Technology India Ltd's revenue in FY2025 was primarily driven by the industrial segment, which includes electric vehicles (EVs) and accounted for 55% of the total revenue. The automotive sector contributed 26%, while other sectors like railways (7%), IoT/IT (8%), medical (2%), and aerospace/outer-space & strategic electronics (1%) made up the remaining share. The company’s strong foothold in these sectors has been a key factor in its continued growth and market position.

Conclusion 

In conclusion, the recent fall in Kaynes Technology's share price after the MD and promoter’s stake sale has drawn attention. 

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