Archive · 2 Jun 2025

Macquarie Downgrades Birlasoft, Cuts Price Target by 45%

Macquarie Downgrades Birlasoft, Cuts Price Target by 45%

A brokerage firm called Macquarie lowered its rating for Birlasoft stock, which means they think the stock won't do as well.

They cut the price target, meaning they now think the stock is worth less.

They're worried because Birlasoft's sales went down and they don't think the company will make as much money as expected.

Macquarie had previously thought Birlasoft would grow quickly and make more profit, but this didn't happen.

Macquarie now expects the company to recover in 2027.

The stock price has fallen recently.

Sources