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Hold Birlasoft; target of Rs 255: ICICI Direct

ICICI Direct recommended hold rating on Birlasoft with a target price of Rs 255 in its research report dated February 03, 2023.

February 07, 2023 / 05:54 PM IST
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ICICI Direct's research report on Birlasoft

Birlasoft Ltd (Birlasoft) has strength in non-ERP digital businesses like CRM, B & data analytics, app development & enterprise solution. The company caters to manufacturing, BFSI, energy & utility and life sciences • Debt free and healthy double digit return ratio (with RoCE of >19%).


We maintain our HOLD rating on the stock. We value Birlasoft at Rs 255 i.e. 13x P/E on FY25E EPS.

For all recommendations report, click here

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Birlasoft - 06 -02 - 2023 - ic

Broker Research
first published: Feb 7, 2023 05:54 pm