Zydus Life jumps 5% on ₹1,100 crore share buyback; Q4 results beat street estimates
Zydus Life’s results for the March quarter were better than expectations across parameters, even having adjusted for the exceptional items during the quarter.
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Kirloskar Industries Q4 Results: Stock jumps 6% despite earnings decline from last year; Dividend declared
Barring its revenue, most of the parameters of Kirloskar Industries were lower, when compared on a year-on-year basis. The stock though, is higher after the dividend announcement.
Standard Chartered likely to exit ICICI Pru Life bancassurance tie-up; may join Bharti Life Insurance
Sources said the bank currently contributes around 5% to ICICI Prudential Life’s annualised premium equivalent (APE) and about 6% to its retail APE.
Buyback Alert: Agrochem player approves sixth repurchase plan at 30% premium; Details here
The company’s promoters and promoter group will be participating in the buyback, Dhanuka’s exchange filing stated. May 29 has been fixed as the record date to determine the eligibility of the shareholders who can participate in the share buyback program.
Julius Baer keeps India allocation low amid AI, oil concerns
Julius Baer Global CIO Yves Bonzon says AI infrastructure spending by US hyperscalers is the single most important number to watch in markets, and that the upcoming wave of major US IPOs will be a key test of market appetite.…
Sowilo’s Sandip Agarwal sees 6–7% dollar revenue growth in IT services over next 2–3 years
Sandip Agarwal Fund Manager at Sowilo Investment Managers which manages assets worth nearly $20.44 million as of April 30, 2026, makes a case for Indian IT stocks despite global uncertainty. He points to rupee weakness, a 40–50% valuation correction, and…
Bajaj Life Insurance CIO sees tactical IT opportunity amid macro uncertainty
Srinivas Rao Ravuri, CIO of Bajaj Life Insurance, said IT stocks are emerging as a tactical play as rupee weakness boosts earnings visibility despite global macro concerns. He expects large IT firms to deliver over 10% earnings growth this year,…
Mirae Asset believes higher import duty could widen India-global bullion price gap
India gold and silver import duty hike may distort bullion prices, widen gap with global rates, and tighten silver ETF supply, Mirae Asset warns.
IT stocks led by Coforge, Persistent gain up to 12% in two sessions; Here’s why they are in news
Weakness in the currency provides a margin tailwind to these IT companies, who get most of their revenue from the North American Market in the US Dollar and other currencies, whereas most of their fixed costs are in the local…
ONGC stock still offers 15% upside as crude stays elevated: JM Financial
India raised fuel prices twice this week, but oil companies are still losing ₹15–17 on every litre sold. Dayanand Mittal, Oil & Gas, Telecom Research Analyst, JM Financial Institutional Securities says more small hikes are coming — not a big…