8249.5000 256.00 (3.20%)
NSE May 12, 2025 09:27 AM
Volume: 19,685
 

8249.50
3.20%

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 below its 100 day SMA of 9322.1
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