Cigniti Technologies Ltd (CIGNITITEC)
₹1357.3▲0.17%
Cigniti Technologies Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹1,353₹1,36452 Week's Low
52 Week's High
₹758.05₹1,415
| Returns % | |
| 1 Month Return | + 0.28 % |
| 3 Month Return | + 8.5 % |
| 1 Year Return | + 69.97 % |
| Market Stats | |
| Previous Close | ₹1,354.95 |
| Open | ₹1,359.00 |
| Volume | 73.38K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,699.02Cr |
Key Statistics
| P/E Ratio | 28.11 |
| PEG Ratio | -1.52 |
| Market Cap | ₹3,699.02 Cr |
| P/B Ratio | 4.65 |
| EPS | 61.75 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹3,699.02 Cr | 72.1% | 0.57 | ₹168 Cr | ₹1,647 Cr |
 | NA | ₹1,787.44 Cr | 92.25% | 0.55 | -₹192 Cr | ₹309 Cr |
 | NA | ₹1,296.34 Cr | 1616.83% | 0.53 | ₹24 Cr | ₹78 Cr |
 | NA | ₹965.49 Cr | 115.6% | 0.57 | ₹33 Cr | ₹472 Cr |
 | NA | ₹60.84 Cr | -8.8% | 0.60 | NA | NA |
Company Information
Share Price: ₹1357.30 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹3,699.02Cr as of today
Revenue: ₹468.49Cr as on June 2024 (Q2 24)
Net Profit: ₹10.52Cr as on June 2024 (Q2 24)
Listing date: 13 Oct, 2014
Chairperson Name: C V Subrahmanyam
| Organisation | Cigniti Technologies Ltd |
| Headquarters | |
| Industry | IT - Software |
| E-voting on shares | Click here to vote |
Key events for Cigniti Technologies Ltd
Cigniti Technologies Reports 11.17% YoY Growth in Net Sales - 23 Jul, 2024
Cigniti Technologies reports a 11.17% YoY growth in net sales for June 2024, with quarterly net loss at Rs. 7.17 crore down from Rs. 27.16 crore in June 2023. EBITDA stands at Rs. 28.43 crore in June 2024 down 32.26% from Rs. 41.97 crore in June 2023. The stock has given positive returns of 40.19% over the last 6 months and 68.30% over the last 12 months.
Cigniti Technologies Director Sells Shares Worth Rs 1.9 Billion - 13 Jul, 2024
Director Venkata Chakkilam sold Cigniti Technologies shares worth Rs 1.9 billion, reducing their holding size by 49%. Insider ownership is at 32% of the company.
Coforge Acquires 27.98% Stake in Cigniti Technologies - 08 Jul, 2024
Coforge has acquired a 27.98% stake in Cigniti Technologies, resulting in the resignation of five out of six directors and the appointment of new directors on the board.
Coforge Acquires Stake in Cigniti Technologies - 05 Jul, 2024
IT services company Coforge has acquired a total of 28.04% stake in Cigniti Technologies through on-market transfers and open market transactions worth Rs 645 crore. Public shareholders have exited the firm while shares of Cigniti fell by 1.28%.
Coforge Acquires Stake in Cigniti Technologies - 04 Jul, 2024
Coforge has acquired an 11.06% stake worth Rs 426.68 crore in Cigniti Technologies through open market transactions. The move comes as part of Coforge's proposal to acquire majority stake in the company.
Coforge to Acquire 54% Stake in Cigniti Technologies - 26 Jun, 2024
Coforge has received approval for acquiring a 54% stake in Cigniti Technologies, with the aim of becoming a $2 billion company by fiscal year 2027 and enhancing operating margins. The merged company's healthcare and hi-tech verticals will operate at about $50 million yearly following the merger, while its retail vertical would operate at over $100 million annually.
Coforge to Acquire Majority Stake in Cigniti Technologies - 25 Jun, 2024
IT and IT-enabled services provider, Cigniti Technologies, will be acquired by Coforge. The Competition Commission of India has approved the acquisition of at least 50.21% and up to 54% shareholding in Cigniti.
Insights on Cigniti Technologies Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 471.82 Cr → 474.66 Cr (in ₹), with an average increase of 0.6% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 0.09% to 1.25% in Jun 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, CIGNITITEC has outperformed top 5 stocks with highest market-cap in IT Services & Consulting
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 61.08% to 69.29% in Jun 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, CIGNITITEC stock has moved up by 0.5%
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, CIGNITITEC has outperformed top 5 stocks with highest market-cap in IT Services & Consulting
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 3 quarters, 48.04 Cr → 10.52 Cr (in ₹), with an average decrease of 52.4% per quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 32.77% to 22.61% in Jun 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 6.06% to 5.92% in Jun 2024 quarter
Company Financials
| Q'2 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹468.49Cr | ↑2.82% |
Net Income | ₹10.52Cr | ↓61.24% |
Net Profit Margin | 2.25% | ↓62.25% |
| 2023 | Y/Y Change | |
|---|---|---|
Revenue | ₹1,647.58Cr | ↑32.68% |
Net Income | ₹168.32Cr | ↑83.48% |
Net Profit Margin | 10.22% | ↑38.29% |
| 2023 | Y/Y Change | |
|---|---|---|
Total Assets | ₹585.89Cr | ↑15.73% |
Total Liabilities | ₹149.14Cr | ↑21.27% |
| 2023 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹120.79Cr | ↑148.80% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 22.61% | ||
| Foreign Institutions | 5.92% | ||
| Mutual Funds | 1.25% | 1281.04 | |
| Retail Investors | 69.29% | 13.44 | |
| Others | 0.94% | 187120.00 |
Key Indicators
Cigniti Technologies Ltd Valuation
Cigniti Technologies Ltd in the last 5 years
Lowest (-1.99x)
January 30, 2018
Today (28.11x)
July 23, 2024
Industry (38.04x)
July 23, 2024
Highest (29.81x)
June 18, 2018
Earnings and Dividends
Cigniti Technologies Ltd Earnings Results
Cigniti Technologies Ltd’s net profit fell -76.39% since last year same period to ₹10.52Cr in the Q1 2024-2025. On a quarterly growth basis, Cigniti Technologies Ltd has generated -61.24% fall in its net profits since last 3-months.
Read More about Earnings ResultsCigniti Technologies Ltd Dividends November,2023
In the quarter ending September 2023, Cigniti Technologies Ltd has declared dividend of ₹3 - translating a dividend yield of 0.63%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Cigniti Technologies Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Cigniti Technologies Ltd (CIGNITITEC) share price today is ₹1357.3
Cigniti Technologies Ltd is listed on NSE
Cigniti Technologies Ltd is listed on BSE
- Today’s highest price of Cigniti Technologies Ltd is ₹1364.
- Today’s lowest price of Cigniti Technologies Ltd is ₹1353.
PE Ratio of Cigniti Technologies Ltd is 28.11
PE ratio = Cigniti Technologies Ltd Market price per share / Cigniti Technologies Ltd Earnings per share
Today’s traded volume of Cigniti Technologies Ltd(CIGNITITEC) is 73.38K.
Today’s market capitalisation of Cigniti Technologies Ltd(CIGNITITEC) is ₹3699.02Cr.
| Cigniti Technologies Ltd(CIGNITITEC | Price |
|---|---|
52 Week High | ₹1415 |
52 Week Low | ₹758.05 |
Cigniti Technologies Ltd(CIGNITITEC) share price is ₹1357.3. It is down -4.08% from its 52 Week High price of ₹1415
Cigniti Technologies Ltd(CIGNITITEC) share price is ₹1357.3. It is up 79.05% from its 52 Week Low price of ₹758.05
| Cigniti Technologies Ltd(CIGNITITEC | Returns |
|---|---|
1 Day Returns | 2.35% |
1 Month Returns | 0.28% |
3 Month Returns | 8.5% |
1 Year Returns | 69.97% |