Kaynes Technology shares now cheapest in JPMorgan’s coverage after 40% correction in a month. Time to buy?

Kaynes Technology shares are now the cheapest in JPMorgan’s coverage. A recent 40% stock drop occurred without fundamental changes. JPMorgan maintains an Overweight rating, seeing significant upside. The company expects working capital and receivables to improve in the coming quarters. Investor concerns arose from a Kotak Equities note regarding financial disclosures.