Infosys reported a 12% YoY drop in Q4 net profit and missed revenue estimates. The company in its guidance has projected revenue growth of 0%–3% in constant currency and an operating margin of 20%–22% for FY26.Brokerages like Nuvama and Emkay cut FY26-27 EPS and target prices but maintained ‘Buy’ ratings, citing deal wins and cautious growth guidance.
Azad Engineering block deal: Nomura picks stake worth Rs 66 crore in this smallcap defence stock
Nomura acquired over 4.1 lakh shares in Azad Engineering for Rs 66 crore through a block deal at an 8% discount. Despite the investment, Azad’s