Birlasoft Ltd News

Birlasoft shares tank 7% on weak operational performance; analysts weigh in

The drop in Birlasoft share price on the back of weak operational performance in the September quarter of FY25 (Q2FY25)

Birlasoft Q2 results: PAT declines 12% to Rs 127.5 cr, revenue up 4%

IT services and solutions provider Birlasoft on Wednesday reported a 12.06 per cent year-on-year decline in consolidated net profit to Rs 127.5 crore for the quarter ended September 30, 2024. It had reported a net profit of Rs 145 crore in the year-ago period, according to a stock exchange filing. On a quarter-on-quarter basis, profits fell 15.11 per cent from Rs 150.2 crore in the April-June period. Revenue for the reporting quarter came in at Rs 1,368.2 crore, an uptick of 4.45 per cent from Rs 1,309.8 crore in Q2 FY24. Revenues rose 3.07 per cent sequentially. "This (revenue growth) was driven by ramp-ups in some projects that were earlier delayed, better account mining and incremental business from consolidation deals where we have gained wallet share. "The investments that we have been making to enhance our tech and domain capabilities as well as partnerships, which we believe is key for future growth, have already begun to see some early results reflected in a noticeable ...

F&O Alert: FIIs net sell 3.5 lakh Nifty, Bank Nifty futures in just 3 days

Derivatives market update Oct 08: FIIs turn bearish on Indian stocks, long-short ratio in index futures dipped below 1 for the first time since August 14. Retail and proprietary trades turn bullish.

F&O Insights: Nifty, Bank Nifty premium rises, PCR dips; check key levels

Derivatives market update for Sept 17: The premium in Nifty Sept futures jumped to 58 pts, and Bank Nifty to 100 pts; whereas, the PCR declined to near 1 levels indicating positive to sideways trend.

These stocks rallied up to 13% in run-up to Sept rollovers; what next?

Technical Outlook: RECL, PFC can potentially rally up to 17 per cent from here on; while Birlasoft and LTIMindtree may witness a sharp fall, suggests technical charts.

F&O Insights: FIIs long-short ratio at 5:2; retail traders build shorts

Derivative market update for Fri, Aug 30: FIIs long-short ratio in index futures (mainly Nifty) rose to 2.3:1, implying nearly 5 long bets for every 2 shorts. Retail traders hold 3 shorts for 2 longs.

F&O Insights: FIIs up Nifty, Bank Nifty bullish bets; futures premium dip

Derivative market update for Wednesday, August 28: The Nifty September futures premium dipped from Rs 155 to Rs 116 yesterday; while, Bank Nifty futures premium declined to Rs 257 from Rs 328.

F&O Insights: FIIs add long bets in Sept; metals among top early rollovers

Derivative market update for Tuesday, August 27: The Nifty September futures traded at 150-odd points premium, while Bank Nifty at 330 points. Last 3 days for India Cements in F&O segment.