9005.0000 -104.00 (-1.14%)
NSE Jul 07, 2025 15:31 PM
Volume: 61,737
 

9005.00
-1.14%

Oracle Fin Serv

JM Financial
We upgrade Oracle Financial Services Software (OFSS) to BUY on a 19% upside. The stock's participation in the broader IT sector rally over the last two months has been restricted by muted 3QFY18 results; it has also under-performed global peers over this period. However, given management's commentary of a robust deal pipeline + a seasonally stronger period ahead, we find current levels attractive to play to its structural strengths. We also raise our FY19/FY20E EPS by 6.6%/6.8% on superior margin management. Our revised INR 4,480 TP...
Oracle Financial Services Software Ltd. is trading above its 100 day SMA of 8441.3
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