Birlasoft Stock: Buy Birlasoft, Target Price Rs 810: Anand Rathi
Established in 1990, Birlasoft Ltd. is a small company (market capitalization of Rs 17492.42 Crore) operating in the IT software sector. Birlasoft Ltd. The primary product/revenue segment includes software development costs for the year ended March 31, 2023.
finance
For the quarter ended March 31, 2024, the company reported consolidated total income of Rs 1408.27 Crore, which is 2.71% higher than total income of Rs 1371.12 Crore in the previous quarter and 15.05% higher than total income of Rs 1224.08 Crore in the same quarter last year. no see. The company reported a net profit after tax of Rs 180.08 Crore in the latest quarter.
Promoter/FII Holdings
The promoters hold 40.92% stake in the company as on March 31, 2024, followed by FIIs with 23.48% and DIIs with 18.59%.
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