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PRAVIN RATILAL SHARE
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Oracle Financial Services Software Ltd down for fifth straight session
(13:35, 14 Aug 2019)

Oracle Financial Services Software Ltd is down for a fifth straight session today. The stock is quoting at Rs 2985.1, down 2.58% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 1% on the day, quoting at 11035.15. The Sensex is at 37342.32, up 1.04%.Oracle Financial Services Software Ltd has lost around 11.72% in last one month.Meanwhile, Nifty IT index of which Oracle Financial Services Software Ltd is a constituent, has eased around 1.28% in last one month and is currently quoting at 15424.4, up 0.24% on the day. The volume in the stock stood at 35063 shares today, compared to the daily average of 26986 shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 2988.55, down 2.32% on the day. Oracle Financial Services Software Ltd tumbled 25.78% in last one year as compared to a 3.07% slide in NIFTY and a 2.77% spurt in the Nifty IT index.

The PE of the stock is 20.94 based on TTM earnings ending June 19.

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