About
About Cigniti Technologies Limited
Cigniti Technologies Limited provides digital assurance and software testing services in India, the United States of America, and internationally. The company offers digital assurance services, such as artificial intelligence, Internet of Things, blockchain, big data and analytics, and mobile testing services, as well as security assurance, robotic process automation, cloud migration assurance, and 5G assurance services. It also provides quality engineering services, including accessibility, DevOps, compatibility, functional, performance, security, regression, test automation, and crowdsourced testing. In addition, the company offers enterprise application assurance services comprising medical device testing, ERP testing, and salesforce testing; test management services, such as agile testing, service virtualization, and test data management; and test advisory and transformation services. Further, it provides digital engineering services, including legacy modernization, product engineering, enterprise application integration, modern AMS (application management services), SDLC automation, agile transformation, and agile transformation, as well as various artificial intelligence (AI) platforms. It serves banking and financial services, insurance, travel, transportation and hospitality, retail and consumer goods, public sector, and healthcare and life sciences industries. The company was formerly known as Chakkilam Infotech Limited and changed its name to Cigniti Technologies Limited. The company was incorporated in 1998 and is headquartered in Hyderabad, India. As of December 20, 2024, Cigniti Technologies Limited operates as a subsidiary of Coforge Limited.
Research context
Cigniti Technologies Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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5 years, 6 months ago
Cigniti Technologies Limited is currently in a long term uptrend where the price is trading 45.6% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.1.
Cigniti Technologies Limited's total revenue rose by 3.3% to $2B since the same quarter in the previous year.
Its net income has dropped by 6.3% to $263M since the same quarter in the previous year.
Finally, its free cash flow grew by 78.5% to $847M since the same quarter in the previous year.
Based on the above factors, Cigniti Technologies Limited gets an overall score of 4/5.