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1 Comment
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.
ISIN | INE675C01017 |
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Exchange | NSE |
CurrencyCode | INR |
Sector | Technology |
Industry | Information Technology Services |
Beta | -0.18 |
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PE Ratio | 24.15 |
Market Cap | 37B |
Target Price | None |
Dividend Yield | None |
Cigniti Technologies Limited provides software testing services worldwide. 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; and 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 programmatic innovation, and Agile and DevOps transformation advisory services; software products and platform engineering comprising DevSecOps, application modernization, blockchain engineering, enterprise application development, user experience engineering, and site reliability engineering; and data engineering services. It serves the airlines, banking, communications, energy and utilities, financial services, healthcare and life sciences, insurance, logistics, manufacturing, media and entertainment, retail and ecommerce, and travel and hospitality 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.
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