Time period given by analyst is Intra Day when Birlasoft Ltd. price can reach defined target.
Birlasoft Ltd., incorporated in the year 1990, is a Small Cap company (having a market cap of Rs 13189.77 Crore) operating in IT Software sector.
Birlasoft Ltd. key Products/Revenue Segments include Software Development Charges for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 1021.04 Crore, up 5.61 % from last quarter Total Income of Rs 966.78 Crore and up 18.19 % from last year same quarter Total Income of Rs 863.88 Crore. Company reported net profit after tax of Rs 103.13 Crore in latest quarter.
Investment Rationale
Stock has given a consolidation pattern breakout on the daily chart.
Promoter/FII Holdings
Promoters held 40.66 per cent stake in the company as of 30-Sep-2021, while FIIs owned 17.38 per cent, DIIs 21.96 per cent.
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