Updater Services Ltd. Receives Buy Call from Motilal Oswal with Target Price of Rs 465

Updater Services Ltd. Receives Buy Call from Motilal Oswal with Target Price of Rs 465

Updater Services Ltd., a Small Cap company operating in the Services sector, has received a buy call from Motilal Oswal with a target price of Rs 465. As of 31-Dec-2023, Promoters held 58.74% stake in the company, while FIIs owned 7.26% and DIIs held 15.26%. For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 645.40 crore, up 6.49% from the last quarter. The net profit after tax for the latest quarter was Rs 20.54 crore. The current market price of Updater Services is Rs 345.9.

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