Kaynes Technology Shares Surge 15% After Bagging Rs 3,750-Crore Project – BQ Prime

Shares of Kaynes Technology India Ltd. hit an all-time high on Friday after it signed a Memorandum of Understanding with the Karnataka government for Rs 3,750 crore. The project involves setting up a semiconductor assembly and testing facility and a printed circuit board manufacturing plant, through the company’s step-down subsidiaries.

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