Kaynes Technology Share Rises 3% on Mustard Smartglasses Core Team Joining

Mumbai, September 8, 2025: Kaynes Technology India Ltd (NSE: KAYNES, BSE: 543664) share rose 3% after announcing the integration of the core team behind Mustard Smartglasses, an innovator in AI-powered, waveguide-based wearable technology.

The stock made an intraday high of ₹7,198 and low of ₹6,832. Kaynes closed at ₹7,047.50 as of 3:30 p.m. IST, up 3% from its last close price of ₹6,841.50. Market capitalisation was around ₹45,862 crore with a total traded volume of approximately 8.28 lakh shares.

Founded in Mysuru, Kaynes Technology India Limited is a listed player in the electronics and semiconductor manufacturing sector, part of the NIFTY Smallcap 250 index. The company specialises in industrial products and provides advanced design and manufacturing solutions for global OEMs and ODMs.

Strategic Expansion Into AR/AI Wearables

Kaynes made public the consolidation of Mustard Smartglasses’ core design team to bolster product development in waveguide-based, AI-powered smartglasses. This makes it a more capable company in AI audio, high-end optics, and AR overlays. The company can become a stronger ODM/OEM player in consumer and industrial markets with future applications in real-time translation, remote inspection, and accessibility solutions.

Acquisition To Support Innovation

The acquisition adds considerably to Kaynes’ pipeline of innovations, particularly in the fast-growing AR/AI wearables space. With local electronics manufacturing and intelligent wearables picking up steam, this tactical investment would be a key growth catalyst. Ongoing investor fascination and positive industry trends could underpin further appreciation.

REF: https://nsearchives.nseindia.com/corporate/KAYNESTECH_06092025160704_PressReleaseMustardGlassesSigned.pdf

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