Oracle Fin Appoints Ketkar as CEO and Announces Target for Oracle Fin Stock - ad-hoc-news.de
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Oracle Financial Services Software (INE881D01027) had appointed Avadhut Ketkar as Chief Executive Officer and Managing Director on 05.10.2026. Oracle Fin stock was last at 10,405.35 INR, while Univest announced a model-based target of 11,380.00 INR on 09.10.2026. In the vote, 99.56 percent of valid votes were cast in favor of Ketkar's appointment. The appointment of Andrew Mark Morawski as an independent director received 98.96 percent approval, as ScanX reported on 05.10.2026. In the June quarter of 2026, according to The Economic Times, revenue rose by 69.00 percent year-on-year, and net profit increased by 121.00 percent. The financial data show revenue of 31.25 billion INR and a net profit of 14.16 billion INR for the first quarter of fiscal year 2027. This results in a net margin of 45.29 percent. On 09.10.2026, Univest set a base case scenario of 11.380,00 INR and compared it with a price of 10,510.00 INR. This corresponds to a difference of 8.28 percent from the price at that time. As a counterpoint, the analysis cited a bull case scenario of 13,808.00 INR and a risk level of 8,362.00 INR, with the latter explicitly not being a price target. The latest price basis dates from 12.10.2026. The BSE listing was at 10,405.35 INR at 3:13 PM, and the 52-week range stretched from 6,232.20 to 12,412.90 INR. Market capitalization stood at 907.2 billion INR. On 22.07.2026, Oracle...
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