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 11816.73 Crore) operating in IT Software sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 966.78 Crore, up 6.48 % from last quarter Total Income of Rs 907.95 Crore and up 6.65 % from last year same quarter Total Income of Rs 906.51 Crore. Company reported net profit after tax of Rs 113.64 Crore in latest quarter.
Investment Rationale
Stock has given a flag pattern breakout on the daily chart.
Promoter/FII Holdings
Promoters held 40.8 per cent stake in the company as of June 30, 2021, while FIIs held 25.1 per cent, DIIs 8.7 per cent and public and others 25.4 per cent.
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