Cyient shares fell sharply on Wednesday after the stock turned ex-record date for its Rs 720 crore share buyback at Rs 1,125 per share. Investors purchasing shares after the record date will not be eligible to participate. The company’s first buyback since 2019 comes amid mixed operational performance and cautious analyst outlook.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain