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Shares of Oracle Financial Services Software rallied close to 20 per cent to Rs 6,098 on Thursday, hitting its new 52-week mark, and commanding a total market capitalization of close to 53,000 crore.
Oracle Financial Services Software shares surged 20% to hit an all-time high of ₹6,103.40 apiece following strong Q3 FY24 performance. The stock has recorded a remarkable 41% gain in the last five trading sessions.
In the corresponding quarter last year, the company posted a net profit of Rs 437.3 crore. Its revenue from operations increased 25.9% to Rs 1823.6 crore as against Rs 1449.2 crore in the corresponding period of the preceding fiscal.