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Cyient Limited faces scrutiny as its American branch, Cyient Incorporated, receives a penalty. The Internal Revenue Service issued the order. It relates to alleged non-compliance with the Affordable Care Act. Cyient is challenging the decision. The company reported a profit jump in Q4. However, revenue saw a slight dip. Technical indicators for Cyient stock present a mixed outlook.

JM Financial maintains a buy call on Ambuja Cements with a target price of Rs 635, citing strong volume growth and better-than-expected realization. Ambuja s consolidated volume grew by 13% YoY and QoQ, with EBITDA increasing significantly QoQ. The company aims to expand capacity to 140mt by FY28, supported by a robust balance sheet and dominant market position.

Glenmark Pharma s innovation arm, IGI, received FDA fast track designation for its myeloma therapy ISB 2001, targeting heavily pre-treated RRMM patients. The tri-specific antibody showed high response rates and a favorable safety profile in early trials. Complete results will be presented at ASCO 2025. The stock rose 2.2% on Monday, with analysts maintaining a Buy rating.

The dollar rose in Asia on Tuesday fuelled by hopes for trade deals to avert Donald Trump s sweeping tariffs, while equities mostly rose as investors await the Federal Reserve s latest policy decision. Equities mostly rose, with Hong Kong and Shanghai leading the way as investors returned from a long weekend.

LIC strategically reshuffled its substantial equity portfolio in Q4, increasing investments in Reliance Industries, Tata Motors, and SBI. Conversely, the insurer reduced its holdings in ICICI Bank and IT giants like Infosys and TCS. This rebalancing reflects valuation adjustments, sectoral rotations, and portfolio management strategies in anticipation of FY26.s

Yes Bank share price: Yes Bank shares surged up to 8.5% after reports said Japan’s Sumitomo Mitsui Banking Corp (SMBC) is in advanced talks to acquire a significant stake from SBI. SBI, which owns 24%, may trigger a 26% open offer if the deal goes through. This could make SMBC the largest shareholder in the country’s sixth-largest private lender.

From the private perspective obviously players like a Tata Power, Adani Power should remain in focus. But again, power EPC players might also remain in focus to a large extent.

Indian benchmark indices opened flat on Tuesday, with the BSE Sensex down 69 points and the Nifty50 slipping 18 points. Gains in M&M and Bharti Airtel were offset by losses in Reliance Industries and Sun Pharma. Nifty Pharma dropped significantly as U.S. President Donald Trump signed an executive order impacting drug manufacturing.

Senores Pharmaceuticals is set to acquire Wockhardt s USFDA-approved ANDA for Topiramate tablets, a medication used for epilepsy and migraine treatment. This acquisition, valued at USD 111.47 million in the US market, will be funded from the proceeds of Senores December IPO. Despite a strong market debut, the company s shares have since experienced a decline.

JM Financial maintains a Buy call on Hexaware Technologies, revising the target price to Rs 860 from Rs 880. Despite a seasonally soft quarter, Hexaware reiterated a positive outlook for CY25, driven by deal ramps and consolidation opportunities. The brokerage lowered CY25E CC growth assumption but expects stable margins, prioritizing growth investments.