Sunday, December 20, 2020

BIRLASOFT | Stock Price outlook

 

Birlasoft

Stock/Share Price: 207


➽ In this article we will discuss recent development in the StockShare of Birlasoft in the Stock Market


Key  Summary


Promoters have decreased holdings from 40.77% to 40.74% in Sep 2020 qtr

Mutual Funds have increased holdings from 6.56% to 8.97% in Sep 2020 qtr.

Number of MF schemes increased from 6 to 12 in Sep 2020 qtr.

FII/FPI have decreased holdings from 25.14% to 22.46% in Sep 2020 qtr

Number of FII/FPI investors increased from 136 to 150 in Sep 2020 qtr.

Institutional Investors have increased holdings from 33.83% to 34.1% in Sep 2020 qtr.


Technical Chart & Price Outlook



BSOFT  was already given buy near 169 on 03 Sep 20 for the target of 204 / 268 .
And today closes above 204 with good volume . So a sharp price momentum in the stock can be seen in future . Birlasoft in today trading session break important neckline with good volume . So long position in the stock can be made for the potential upside level of 234 / 268 in short to medium term .





Recent Valuation Summary


Rising Net Cash Flow and Cash from Operating activity

Company with high TTM EPS Growth

New 52 Week High

Effectively using its capital to generate profit - RoCE improving in last 2 years

Growth in Net Profit with increasing Profit Margin (QoQ)

Company with No Debt

Company with Zero Promoter Pledge

FII / FPI or Institutions increasing their shareholding

Recent Results : Growth in Operating Profit with increase in operating margins (YoY)

Stock gained more than 20% in one month

Strong Momentum: Price above short, medium and long term moving averages



Thanks for your Precious Time.


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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


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