Birlasoft shares surge 12% after Q2 results; Nuvama raises target price
60-Word AI Digest
Birlasoft shares rose over 12% after Q2 FY27 net profit increased 37.5% year-on-year to ₹160 crore and revenue grew 6.6%. The company recommended a ₹3 interim dividend, while operating margins narrowed and Nuvama retained its Hold rating despite raising its target price to ₹300.
Key Takeaways
- Birlasoft shares rose over 12% after Q2 FY27 net profit increased 37.5% year-on-year to ₹160 crore and revenue grew 6.6%.
- The company recommended a ₹3 interim dividend, while operating margins narrowed and Nuvama retained its Hold rating despite raising its target price to ₹300.
- Full details and original dispatch available below.
Birlasoft shares rose over 12% after Q2 FY27 net profit increased 37.5% year-on-year to ₹160 crore and revenue grew 6.6%. The company recommended a ₹3 interim dividend, while operating margins narrowed and Nuvama retained its Hold rating despite raising its target price to ₹300.
Original Publisher Attribution
This summary was curated from technical experts flag key levels to watch.