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HomeSHARE MARKETExcellent Results, 46% Return In 5 Days; Don't Buy Now; Know The...

Excellent Results, 46% Return In 5 Days; Don’t Buy Now; Know The Buying Price

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Oracle Financial Share Price: Shares of Oracle Financial Services Software (NSE: OFSS) are being bought heavily at this time.

 It strengthened by about 46 percent in three consecutive days and reached a record high today. 

Today, it jumped around 5.11 percent on BSE intraday and reached a record high of Rs 7168.70. 

After this, the price softened a bit due to profit booking but it is still in a very strong position. At the end of Friday, it closed at Rs 6872.85 on BSE with a strength of 5.00 percent. 

On January 16, it had closed at Rs 4,912.15 with a decline of 3.28 percent.

Why Is There A Bullish Trend In Share?

The reason for the rise in shares of Oracle Financial is its excellent financial results. The company presented its December quarter results on January 17.

 According to the information given in the exchange filing, its net profit jumped 69 percent on an annual basis to Rs 741 crore. 

During this period, the company’s operational revenue also increased by 26 percent to ₹ 1,824 crore. 

Margins also remained strong with an operating margin of 46.1 percent and a net margin of 40.6 percent. 

Talking about financial condition in the 9 months of the current financial year 2023-24, license signings in April- December 2023 were worth 117.4 crore, which is 76 percent more on an annual basis.

Technically, according to the data, this stock is in the overbought zone because its RSI (14) is currently at 87, and above 70 is the overbought zone. 

Although, its MACD (Moving Average Convergence/Divergence) is at 155.2 which is above its center and signal lines and is a bullish indicator.

Oracle Financials is currently trading above the 20-, 50-, 100- and 200-day Simple Moving Averages (SMA). Its one-year beta is 0.1 which indicates low volatility.

Stock Brokers have advised buying in the range of Rs 4950-5120. They have advised to invest money in it on a target of Rs 5460 and a daily closing basis of Rs 4850. According to the data, its average target price is Rs 6290.

About Oracle Financial Services Software Ltd

Oracle Financial Services Software Ltd is an Indian-based company. 

It offers financial software, custom-made application development, consultation, IT infrastructure management, as well as outsourced business processing services to the financial services sector. 

It also provides computer systems, software systems, as well as consulting services. 

Oracle Financial Services Software Limited is an affiliate that is part of Oracle Global (Mauritius) Limited. 

The company was founded in 1989. It is headquartered in Mumbai, India.

Fundamental Analysis of Oracle Financial Services Software Ltd 

Market Cap₹ 59,580 Cr.
Current Price₹ 6,877
52-wk High₹ 7,173
52-wk Low2,987
Stock P/E27.9
Book Value₹ 750
Dividend3.57 %
ROCE35.1 %
ROE24.8 %
Face Value₹ 5.00
P/B Value9.17
OPM43.5 %
EPS₹ 247
Debt₹ 53.8 Cr.
Debt to Equity0.01

Oracle Financial Services Software Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹6500₹6780
2025₹6800₹7050
2026₹7390₹7500
2027₹7600₹8000
2028₹8200₹8500
2029₹8600₹8880
2030₹9000₹9400
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Oracle Financial Services Software Ltd Shareholding Pattern

Promoters Holding
Dec 202272.99%
Mar 202372.98%
June 202372.90%
Sept 202372.81%
Dec 202372.78%
FII Holding
Dec 20226.75%
Mar 20237.44%
June 20237.79%
Sept 20237.74%
Dec 20236.89%
DII Holding
Dec 20229.17%
Mar 20238.53%
June 20238.46%
Sept 20238.57%
Dec 20239.48%
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Public Holding
Dec 202211.09%
Mar 202311.06%
June 202310.84%
Sept 202310.89%
Dec 202310.85%

Oracle Financial Services Software Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at 

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 4,959 Cr
2020₹ 4,861 Cr
2021₹ 4,984 Cr
2022₹ 5,221 Cr
2023₹ 6,201 Cr

Last 5 Years’ Net Profit:

2019₹ 1,386 Cr
2020₹ 1,462 Cr
2021₹ 1,762 Cr
2022₹ 1,889 Cr
2023₹ 2,139 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190
20200
20210
20220
20230

Last 10 Years’ Profit Growth:

10 Years:5%
5 Years:8%
3 Years:7%
Current Year:18%

Last 10 years’ Return on Equity (ROE):

10 Years:25%
5 Years:26%
3 Years:26%
Last Year:25%

Sales Growth Over 10 Years:

10 Years:5%
5 Years:5%
3 Years:5%
Current Year:13%

Conclusion

This article is a complete guide about Oracle Financial Services Software Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

Also Read: 1420% Massive Return: Stock Split Soon; Focus This Share; January 25 Record Date

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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