Birlasoft Shares Plunge on Downgrade

  Published 1 year ago

Birlasoft (BIRS.NS) shares fell nearly 5% after BOBCaps downgraded the stock to “sell,” citing weak performance and a lowered price target. Concerns center around flattish revenue expectations and vulnerability to spending cuts.

  • BOBCaps lowered PT to 342 rupees.
  • Birlasoft labeled 'weakest Q4 performer'.
  • YTD decline for BIRS is 28%.

You might like these

Market Buzz: Earnings, F&O Ban & Stock Moves

Oriental Rail Bags Coach Seat Order

Airtel Boosts Digital and 5G Play

TCS Q1 Miss Sparks PT Cuts

Nifty Sensex Hit One‑Year Highs on Banks

Macitentan Generic Wins PAH Market Share

UBS Downgrades Airtel & Vodafone

News that matters the most ⚡