7796.0000 216.15 (2.85%)
NSE Apr 15, 2025 15:31 PM
Volume: 138.7K
 

7796.00
2.85%

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. has lost -27.46% in the last 3 Months
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