Bengaluru, June 30 -- During Monday's trading session, shares of a leading end-to-end IoT solutions-enabled integrated electronics manufacturer surged nearly 3 percent on BSE, after the company announced incorporating a new subsidiary to manufacture space satellites.

With a market cap of Rs. 40,237 crores, at 09:55 a.m., the shares of Kaynes Technology India Limited were trading in the green at Rs. 5,998.65 on BSE, up by around 2.3 percent, as against its previous closing price of Rs. 5,863.3. The stock has delivered positive returns of around 51 percent in one year, and has gained by over 3 percent in the last month.

What's the News According to the latest filings with the stock exchanges, Kaynes Technology India Limited has incorporat...