Bengaluru, June 25 -- During Wednesday's trading session, shares of a leading end-to-end IoT solutions-enabled integrated electronics manufacturer are in focus on the stock exchanges, after successfully raising Rs. 1,600 crores via a Qualified Institutions Placement (QIP) from multiple Mutual Funds, including HSBC, Motilal Oswal & Nomura.

With a market cap of Rs. 37,064.4 crores, the shares of Kaynes Technology India Limited hit an intraday high at Rs. 5,881.35 on BSE, up by around 1.5 percent, as against its previous closing price of Rs. 5,795.15. The stock has delivered positive returns of around 43 percent in one year, but has fallen by over 3 percent in the last one month.

What's the News According to the latest filings with the sto...