OFSS Share Price Rally: This Mutual Fund Stands to Gain Over Rs 100 Crore in a Single Day; It Is the Largest Mutual Fund Holder of OFSS Shares

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OFSS Share Price Rally: This Mutual Fund Stands to Gain Over Rs 100 Crore in a Single Day; It Is the Largest Mutual Fund Holder of OFSS Shares

There is also an interesting mutual fund angle to this rally. This Midcap Fund holds 15,29,941 shares of OFSS. Notably, this Midcap Fund is the mutual fund with the highest holding in OFSS.

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On Thursday, April 23, 2026, Oracle Financial Services Software (OFSS) share price surged as much as 8.51 per cent as of 2:23 PM.

The rally came after the company reported a 31 per cent year-on-year jump in net profit to Rs 842 crore. Along with the strong earnings, the company also announced a second interim Dividend of a massive Rs 270 per equity share of Rs 5 each for FY26.

“We delivered an operating margin of 51 per cent and net margin of 41 per cent in this quarter,” said Avadhut Ketkar, Chief Financial Officer, Oracle Financial Services Software. “For the quarter, our revenues, operating income, and net income grew 20 per cent, 39 per cent and 31 per cent year over year respectively. Our operating metrics are healthy. We have a strong deal pipeline with our Remaining Performance Obligations as of March 31, 2026, at Rs. 7,761 Crore, 9.2 per cent higher than as of December 31, 2025. All this is a result of our innovation leadership that offers modern solutions to our customers adding value for a disciplined conduct of business.”

The management also highlighted how technology-led efficiencies are improving execution and productivity across the business.

“Advances in AI powered tools have significantly increased efficiency, enabling us to reorganize our engineering, consulting, and other teams into leaner and higher performing units. These capabilities allow us to develop products and deliver offerings faster with a nimble workforce in a cost-effective manner.” said Makarand Padalkar, Managing Director and Chief Executive Officer, Oracle Financial Services Software.

There is also an interesting Mutual Fund angle to this rally. Kotak Midcap Fund holds 15,29,941 shares of OFSS. With OFSS share price rising by Rs 711 per share, the fund’s unrealised gain stands at Rs 1,08,77,88,051 (Rs 108.78 crore) in just a single day.

Notably, Kotak Midcap Fund is the mutual fund with the highest holding in OFSS.

Disclaimer: This article is for informational purposes only and not investment advice.