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Cambridge Technology Enterprises Ltd

Cambridge Technology Enterprises Ltd (CTE)

₹89.30%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Cambridge Technology Enterprises Ltd share Performance

₹89.3
₹90
₹89.3
Day's Volatility:0.78%
High
0.78%
₹53.2
₹129
₹89.3
40.43%
Low
52 Weeks Volatility:84.88%
High
44.46%

Returns %
1 Month Return	-3.46 %
3 Month Return	-9.93 %
1 Year Return	+ 60.61 %

Market Stats
Previous Close	₹₹89.30
Open	₹₹90.00
Volume	₹12.33K
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹175.30Cr

Company Information

Cambridge Technology Enterprises Ltd (CTEL) is a Global Business and Technology Services Company providing innovative solutions and services to mid-size market enterprises. Founded in 1999, the company expanded both domestically and internationally, offering SOA- based enterprise transformation, IT consulting, software product developments, BPO, and infrastructure management services. Over the years, the company has identified and acquired leading global and local services to expand its operations. The company also launched the ‘University of Cloud’ in 2011 in partnership with QSoft and, in 2012, merged with Reilly and Associates Inc, ComCreation Inc, and Cell Exchange Inc. In 2014, they incorporated a subsidiary, Cambridge Technology Inc, in the US. Furthermore, Cambridge Technology India Private Limited, Cambridge Innovations Private Limited, and Cambridge Bizserve Private Limited were incorporated as subsidiaries in 2015, 2016, and 2017, respectively. More recently, in 2020, Cambridge Technology Investments Pte Ltd. set up a wholly-owned subsidiary in Malaysia and, in 2021, subscribed to 50 shares in Joint Venture Company ECD CTL Pte Ltd.

Share Price: ₹89.30 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹175.30Cr as of today
Revenue: ₹52.89Cr as on December 2023 (Q4 23)
Net Profit: ₹8.89Cr as on December 2023 (Q4 23)
Listing date: 07 Feb, 2007

Organisation	Cambridge Technology Enterprises Ltd
Headquarters	Hyderabad
Industry	IT - Software
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Key events for Cambridge Technology Enterprises Ltd

Cambridge Technology Enterprises Ltd Stock Posts Strong Gains - 01 May, 2024
Cambridge Technology Enterprises Ltd stock has gained 28% in the last month and is up 94% over the past year. The company's revenue has been rising rapidly, with a growth rate of 122% over the last three years. However, investors are skeptical about its ability to maintain this growth, leading to a low P/S ratio.

Fundamentals of Cambridge Technology Enterprises Ltd

Insights on Cambridge Technology Enterprises Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
Best in 1 Year
In the last 1 year, CTE has outperformed top 5 stocks with highest market-cap in IT Services & Consulting
POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 0.05% to 0.10% in Mar 2024 quarter
POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, -3.79 Cr → 9.2 Cr (in ₹), with an average increase of 141.2% per quarter
POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 44.19 Cr → 53.72 Cr (in ₹), with an average increase of 17.7% per quarter
POSITIVE IMPACT
Best in 3 Years
In the last 3 years, CTE has outperformed top 5 stocks with highest market-cap in IT Services & Consulting
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 46.91% of holdings in Mar 2024 quarter
NEGATIVE IMPACT
Price Dip
In the last 7 days, CTE stock has moved down by -4.1%
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 51.08% to 51.03% in Mar 2024 quarter