Oracle Financial Services Software Ltd eases for fifth straight session

Oracle Financial Services Software Ltd fell for a fifth straight session today. The stock is quoting at Rs 8236, down 1.07% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.08% on the day, quoting at 25576.5. The Sensex is at 83590.93, up 0.16%.Oracle Financial Services Software Ltd has eased around 11.75% in last one month.Meanwhile, Nifty IT index of which Oracle Financial Services Software Ltd is a constituent, has increased around 2.14% in last one month and is currently quoting at 35274.55, up 0.51% on the day. The volume in the stock stood at 44259 shares today, compared to the daily average of 1.42 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 8284.5, down 0.8% on the day. Oracle Financial Services Software Ltd tumbled 27.9% in last one year as compared to a 5.69% rally in NIFTY and a 15.09% fall in the Nifty IT index.

The PE of the stock is 21.5 based on TTM earnings ending September 25.

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