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Birlasoft share tanks 6%, hits 52-week low as analysts cut targets post Q3

Business Standard LogoBusiness Standard8h ago

Birlasoft share tanks 6%, hits 52-week low as analysts cut targets post Q3 - Business Standard

Quick Summary:

On the bourses, Birlasoft share price plunged 6.39 per cent to hit a fresh 52-week low of Rs 472.

At the operating level, earnings before interest and taxes (Ebit) plummeted 26.4 per cent Y-o-Y to Rs 142.2 crore in Q3FY25, from Rs 193.2 crore in Q3FY24.

Key upside risks, analysts believe, include higher-than-expected revenue growth and margin improvement.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-12 @ 10:17:54 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 918 words

Reading Time: 6 minutes read

Sentences: 45 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26097878

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 301 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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