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OFSS stock sinks 8% after clarifying no business impact from Oracle Corp
BusinessLine· 2025-09-11 13:58
Shares of Oracle Financial Services Software (OFSS) fell over 8 per cent on Thursday after issuing clarification that Oracle Corporation does not have any direct impact on OFSS’ business operations.After opening higher at ₹9,950, the stock fell to an intraday low of ₹9,109.50. At 11 am, it traded at ₹9,181 on the NSE.In its stock exchange disclosure, the company said, “Oracle Financial Services Software Ltd (OFSS), is a subsidiary of Oracle Corporation and the aforesaid statement has no direct impact on OFS ...