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Buy Oracle Financial Services Software, target Rs 4471: Jay Thakkar

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Jay Thakkar of Anand Rathi has a buy call on Oracle Financial Services Software Ltd.

with a target price of Rs 4471.0 .

The current market price of Oracle Financial Services Software Ltd.

is Rs 4271.6.

Time period given by the analyst is Intra Day when Oracle Financial Services Software Ltd.

price can reach the defined target.

Jay Thakkar recommended to keep stoploss at Rs 4171 Oracle Financial Services Software Ltd., incorporated in the year 1989, is a largecap company with a market cap of Rs 36592.93 crore. Oracle Financial Services Software Ltd.

key Products/Revenue Segments include Software Services which contributed Rs 3736.31 Crore to Sales Value (96.33 % of Total Sales) and Interest which contributed Rs 142.08 Crore to Sales Value (3.66 % of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 30-06-2018, the company has reported a Consolidated sales of Rs 1344.86 Crore, up 25.10 % from last quarter Sales of Rs 1075.07 Crore and up 11.72 % from last year same quarter Sales of Rs 1203.76 Crore Company has reported net profit after tax of Rs 401.85 Crore in latest quarter.

The company’s top management includes Mr.Chaitanya Kamat, Mr.Harinderjit Singh, Mr.Richard Jackson, Mr.Robert K Weiler, Mr.S Venkatachalam, Mr.Sridhar Srinivasan, Ms.Kimberly Woolley, Ms.Maria Smith.

Company has Mukund M Chitale Co.

as its auditoRs As on 30-06-2018, the company has a total of 85,450,650 shares outstanding.




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