The only Nifty IT stock trading with gains for 2026 is now at a 52-week high

The only Nifty IT stock trading with gains for 2026 is now at a 52-week high


The Nifty IT index comprises of 10 stocks, nine of which are down between 9% to 35% so far in 2026. The only stock that is not in the red on a year-to-date basis, is at a 52-week high.

Shares of Oracle Financial Services Ltd. are trading with gains of another 3% on Friday, July 10, and have gained in six out of the last 10 trading sessions.

With this, the stock is up 6% so far in the month of July, coming on the back of three straight months of gains.

The stock is now up 49% so far in 2026, outperforming all of its peers. Majority of this upmove is courtesy of a 44% advance that the stock saw in the month of April.

This 49% upmove that the stock has seen this year is the second-best performance by the stock in a calendar year since 2012. Shares were up 203% back in 2024.

How Did Oracle Financial Fare In Q4 FY26?

Oracle Financial’s net profit for the March quarter stood at ₹841.7 crore, a growth of 38.1% on a sequential basis. Revenue for the quarter increased by 5.1% to ₹2,065.2 crore.

Along with the results, the company also announced a dividend of ₹270 per share for its shareholders. This has taken the total annual payout for Oralce’s shareholders to ₹400 apiece.

Oracle Financial Services Price Action

The stock had a breakout above its 50-Day Moving Average on April 6 this year and has since managed to break above its 100 and 200-Day Moving Average as well. The stock retested its 50-DMA in June, but took support at those levels and reversed course again.

Only two analysts have coverage on Oracle Financial and both have a “buy” rating on the stock.

Who Owns Stake In Oracle Financial Services?

At the end of the March quarter, promoters of the company had a 72.44% stake.

Among the public shareholders, Mutual Funds own a 5.53% stake as of March 31, while Life insurance Corporation of India (LIC) has a 2.34% stake.

As many as 1.3 lakh small retail shareholders, or those with authorized share capital of up to ₹2 lakh, had a 7.06% stake at the end of the March quarter.

Shares of Oracle Financial Services are trading 2.7% higher at ₹11,431 on Friday. From its December 30, 2024 peak of ₹13,220, the stock is down 13% from those levels.



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