Oracle Financial Services Software Ltd rises for third consecutive session

Oracle Financial Services Software Ltd gained for a third straight session today. The stock is quoting at Rs 8400.5, up 1.92% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.85% on the day, quoting at 25912.35. The Sensex is at 84598.03, up 0.87%. Oracle Financial Services Software Ltd has slipped around 8.66% in last one month.

Meanwhile, Nifty IT index of which Oracle Financial Services Software Ltd is a constituent, has slipped around 4.31% in last one month and is currently quoting at 36116.9, up 2.04% on the day. The volume in the stock stood at 63433 shares today, compared to the daily average of 1.24 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 8445.5, up 1.92% on the day. Oracle Financial Services Software Ltd is down 28.58% in last one year as compared to a 9.99% spurt in NIFTY and a 13.02% spurt in the Nifty IT index.

The PE of the stock is 21.3 based on TTM earnings ending September 25.

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