Shares of Oracle Financial Services witnessed a sharp decline this week, falling 3.99% to close at ₹8,405.00 on Friday, February 21, 2025. The stock saw a cumulative drop of ₹349.70 over the week, reflecting weak investor sentiment.
Oracle Financial Services Stock Performance This Week:
| Day | Open Price | Close Price | Change % |
|---|---|---|---|
| Fri, Feb 21, 2025 | ₹8,686.00 | ₹8,405.00 | -3.17% |
| Thu, Feb 20, 2025 | ₹8,779.00 | ₹8,679.80 | -1.29% |
| Wed, Feb 19, 2025 | ₹8,726.05 | ₹8,793.40 | +0.42% |
| Tue, Feb 18, 2025 | ₹8,800.00 | ₹8,756.70 | -0.46% |
| Mon, Feb 17, 2025 | ₹8,910.00 | ₹8,797.15 | -1.85% |
| Fri, Feb 14, 2025 | ₹9,100.00 | ₹8,962.95 | -0.44% |
| Thu, Feb 13, 2025 | ₹9,000.00 | ₹9,002.65 | -0.46% |
| Wed, Feb 12, 2025 | ₹9,174.00 | ₹9,044.30 | -0.99% |
Q3 Financial Results Impact:
Oracle Financial Services Software Ltd reported a sharp decline in its financial performance for the third quarter ending December 31, 2024. The company’s net profit saw a significant drop of 26.9% YoY to Rs 541.3 crore, compared to Rs 740.8 crore in the same period of the previous year.
Revenue from operations also fell by 5.9% YoY to Rs 1,715.2 crore, down from Rs 1,823.6 crore in Q3 FY24. At the operating level, EBITDA declined 17.8% YoY to Rs 714.2 crore from Rs 868.5 crore in the same quarter last fiscal. Consequently, the EBITDA margin shrunk to 41.5%, compared to 47.6% in the corresponding period of the previous fiscal. The stock has declined over 20% since the time of reporting Q3 results.
The broader market closed on a weak note on Friday, February 21, with major indices witnessing losses. The Nifty 50 dropped by 0.51%, closing at 22,795.90, marking its lowest closing for 2025. Most sectoral indices ended in the red, except for Nifty Metal, which gained 1.02%.
Market Commentary – February 21, 2025
According to Bajaj Broking, the market remains under pressure as Nifty traded with a negative bias, breaking its 3-day low and signaling continued bearish trends. The index is now near its 22,700-23,050 range, and a breakdown below 22,700 could lead to further declines.
Bank Nifty followed suit, closing at 48,981, with a bearish candle formation. It remains in a 48,500-49,650 consolidation range, with potential movement hinging on a breakout.
