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Birlasoft Ltd.
02 May 2024
376.75
-2.57%
Anand Rathi
TCV in Q4 (down 16% y/y) and H2 (down 11% y/y) was soft. In FY24, it was flattish (up 1%). However, the book:bill was 1.5x (LTM 1.4x),hence, the slow FY24 TCVgrowth may not impact revenue growth in FY25
Birlasoft Ltd. is trading above its 50 day SMA of 367.2
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