🇮🇳 India Daybook ~ Stocks in News

Positive Buzz

• Cyient: The board has approved a share buyback of up to 64 lakh shares at a price of ₹1,125 per share, representing a 20% premium over the last traded price.
• Adani Energy Solutions: The company reported a robust Q4 performance with consolidated net profit rising 6% YoY to ₹684 crore and revenue growing 17% to ₹7,443 crore.
• Eveready Industries: The company has inaugurated India’s only operating alkaline battery manufacturing facility in the Samba district of Jammu, strengthening its domestic manufacturing lead.
• HDFC Life Insurance: The board has approved the reappointment of Vibha Padalkar as Managing Director and CEO for a further five-year term, effective September 2026.
• Zodiac Energy: The company has secured a significant solar contract in Zambia, boosting its international order book.

Neutral Developments

• Reliance Industries: All eyes are on RIL today as the board meets to approve Q4 FY26 results and consider a dividend. Analysts expect a slight dip in net profit but steady revenue growth.
• Hindustan Zinc: The company is scheduled to hold a board meeting today to consider Q4 earnings and the declaration of the first interim dividend for the financial year 2026-27.
• Corporate Actions: Today is the record date for Anlon Healthcare (1:1 bonus and stock split from ₹10 to ₹2) and String Metaverse (stock split from ₹10 to ₹1).
• Earnings Heavyweights: A large cohort of companies including IndusInd Bank, Adani Green Energy, Lodha Developers, L&T Finance, and Shriram Finance will report their quarterly results today.
• Bata India: The company has commenced remote e-voting today for the reappointment of its Independent Director, alongside participating in SEBI's investor awareness campaign.

Negative News

• Infosys: Despite a 27.8% QoQ jump in net profit, the company’s ADRs fell 4% on the NYSE as investors reacted poorly to a conservative revenue growth guidance of 1.5% to 3.5% for FY27.
• Solar Sector Stocks: The US Commerce Department has imposed preliminary anti-dumping duties of 123.04% on solar cells and panels imported from India, which may impact export-oriented solar manufacturers.
• Energy Pressure: Brent crude prices have breached the $105 per barrel mark amid stalled US-Iran negotiations, raising concerns over imported inflation and a widening current account deficit.
• LTM (LTIMindtree): The company reported a 100 bps contraction in EBIT margins (15.1% vs 16.1% QoQ) despite a jump in net profit, indicating continued pressure on operational profitability.

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