OFSS shares rally over 9%, mirroring parent Oracle’s surge on cloud boom
Shares of Oracle Financial Services Software (OFSS) jumped more than 9% to ₹643.95 on the BSE on Wednesday, tracking the dramatic 27% after-hours surge in parent company Oracle Corp’s shares. Investors cheered Oracle’s ambitious cloud outlook, including a forecast for half a trillion dollars in booked revenue, and multi-billion-dollar client deals that could drive OFSS’s own license and cloud revenue higher.
