Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessStocksHold Birlasoft; target of Rs 310: ICICI Direct

    Hold Birlasoft; target of Rs 310: ICICI Direct

    ICICI Direct recommended hold rating on Birlasoft with a target price of Rs 310 in its research report dated October 23, 2022.

    Broker Research
    October 26, 2022 / 14:48 IST

    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%).

    Outlook

    We change our rating on the stock from BUY to HOLD. We value Birlasoft at Rs 310 i.e. 15x P/E on FY25E EPS.

    For all recommendations report, click here

    Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Birlasoft - 251022 - icici

    Broker Research
    first published: Oct 26, 2022 02:48 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347