Oracle Financial Services Software Ltd soars 1.87%

Oracle Financial Services Software Ltd is up for a third straight session in a row. The stock is quoting at Rs 10678, up 1.87% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.53% on the day, quoting at 22655.35. The Sensex is at 72805.99, down 0.36%. Oracle Financial Services Software Ltd has dropped around 9.35% in last one month.

Meanwhile, Nifty IT index of which Oracle Financial Services Software Ltd is a constituent, has dropped around 6.81% in last one month and is currently quoting at 28136.05, down 1.02% on the day. The volume in the stock stood at 1.06 lakh shares today, compared to the daily average of 2.25 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 10628, up 1.04% on the day. Oracle Financial Services Software Ltd is up 16.2% in last one year as compared to a 9.55% drop in NIFTY and a 20.96% drop in the Nifty IT index.

The PE of the stock is 25.88 based on TTM earnings ending June 26.

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