Shares of Kaynes Technology India have experienced a significant decline, dropping by 20% to Rs 4,256.95 on the BSE following the company's revised revenue guidance for FY25. The management has lowered its revenue forecast to ₹2,800 crore from an earlier estimate of ₹3,000 crore, citing a slowdown in demand and relatively modest growth compared to its current run rate. Despite reporting a 47% year-over-year increase in Q3 results, the company's outlook has been affected by delays in ₹100 crore orders in the industrials segment. The company remains optimistic about FY26, projecting revenues of ₹4,500 crore with a 15%+ EBITDA margin.