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- CIGNITITEC
CIGNITITEC
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Share Price
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- 5D
- 1M
- 6M
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Summary
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Recent events
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News
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Corporate Actions
India's Cigniti Technologies jumps on strong Q3 results
** Shares of AI firm Cigniti Technologies CIGN.NS climb 10.5% to 1,646 rupees
** CIGN, a unit of Coforge COFO.NS, reports 32% y/y rise in Q3 consol net profit to 635.7 mln rupees ($7.4 mln)
** Rev from ops grew 10% to 5.16 bln rupees
** Stock eyes busiest trading session since late-Oct, volumes at 5x the 30-day avg
** CIGN gained ~63% in 2024 vs 54% rise in COFO
($1 = 86.4000 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of AI firm Cigniti Technologies CIGN.NS climb 10.5% to 1,646 rupees
** CIGN, a unit of Coforge COFO.NS, reports 32% y/y rise in Q3 consol net profit to 635.7 mln rupees ($7.4 mln)
** Rev from ops grew 10% to 5.16 bln rupees
** Stock eyes busiest trading session since late-Oct, volumes at 5x the 30-day avg
** CIGN gained ~63% in 2024 vs 54% rise in COFO
($1 = 86.4000 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Cigniti Technologies Dec-Quarter Consol Net Profit 635.7 Mln Rupees
Jan 22 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
DEC-QUARTER CONSOL NET PROFIT 635.7 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.16 BILLION RUPEES
Source text: [ID:]
Further company coverage: CIGN.NS
(([email protected];;))
Jan 22 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
DEC-QUARTER CONSOL NET PROFIT 635.7 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.16 BILLION RUPEES
Source text: [ID:]
Further company coverage: CIGN.NS
(([email protected];;))
India's Cigniti Technologies hits record high on Q2 profit rise
** Shares of Cigniti Technologies CIGN.NS rise as much as 3.5% to hit record high at 1,437.55 rupees
** Stock marks biggest intraday pct gain since April 26
** IT services & consulting co on Tuesday reported 15.4% YoY rise in Q2 consolidated net profit and rev from ops rose 10.5%
** Stock witnesses most active trading session since July 4; more than 1.5 mln shares change hands, 15.1x of 30-day avg
** Stock last up 3.3%, taking YTD gains to 34.5%
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of Cigniti Technologies CIGN.NS rise as much as 3.5% to hit record high at 1,437.55 rupees
** Stock marks biggest intraday pct gain since April 26
** IT services & consulting co on Tuesday reported 15.4% YoY rise in Q2 consolidated net profit and rev from ops rose 10.5%
** Stock witnesses most active trading session since July 4; more than 1.5 mln shares change hands, 15.1x of 30-day avg
** Stock last up 3.3%, taking YTD gains to 34.5%
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Cigniti Technologies June-Quarter Consol Net Profit 105.2 Million Rupees
July 22 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
JUNE-QUARTER CONSOL NET PROFIT 105.2 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.68 BILLION RUPEES
Source text for Eikon: ID:nBSE981gvh
Further company coverage: CIGN.NS
(([email protected];))
July 22 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
JUNE-QUARTER CONSOL NET PROFIT 105.2 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.68 BILLION RUPEES
Source text for Eikon: ID:nBSE981gvh
Further company coverage: CIGN.NS
(([email protected];))
Coforge Further Acquired 4.6 Million Shares Of Cigniti
July 5 (Reuters) - Coforge Ltd COFO.NS:
CO FURTHER ACQUIRED 4,618,199 EQUITY SHARES OF CIGNITI
ACQUISITION REPRESENTS 16.92% OF CURRENT PAID UP SHARE CAPITAL OF CIGNITI
COST OF ACQUISITION 1,398.50 RUPEES PER SHARE
Further company coverage: COFO.NS
(([email protected];))
July 5 (Reuters) - Coforge Ltd COFO.NS:
CO FURTHER ACQUIRED 4,618,199 EQUITY SHARES OF CIGNITI
ACQUISITION REPRESENTS 16.92% OF CURRENT PAID UP SHARE CAPITAL OF CIGNITI
COST OF ACQUISITION 1,398.50 RUPEES PER SHARE
Further company coverage: COFO.NS
(([email protected];))
Coforge Says Competition Commission Of India Approved Co's Proposed Acquisition Of Majority Stake In Cigniti Technologies
June 26 (Reuters) - Coforge Ltd COFO.NS:
COFORGE LTD - COMPANY HAS EXECUTED DEFINITIVE AGREEMENTS TO ACQUIRE MAJORITY STAKE IN CIGNITI TECHNOLOGIES
COFORGE LTD - COMPETITION COMMISSION OF INDIA APPROVED PROPOSED ACQUISITION
Source text for Eikon: ID:nBSE9wY6q4
Further company coverage: COFO.NS
(([email protected];))
June 26 (Reuters) - Coforge Ltd COFO.NS:
COFORGE LTD - COMPANY HAS EXECUTED DEFINITIVE AGREEMENTS TO ACQUIRE MAJORITY STAKE IN CIGNITI TECHNOLOGIES
COFORGE LTD - COMPETITION COMMISSION OF INDIA APPROVED PROPOSED ACQUISITION
Source text for Eikon: ID:nBSE9wY6q4
Further company coverage: COFO.NS
(([email protected];))
Coforge Says Acquisition Of Cigniti Ensure That Co's Operating Margins Improve By 150-200 BPS By FY27
May 2 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
COFORGE LTD - ACQUISITION OF CIGNITI ENSURE THAT COFORGE'S OPERATING MARGINS IMPROVE BY 150-200 BPS BY FY27
COFORGE LTD - CIGNITI TECHNOLOGIES ACQUISITION WILL CREATE THREE NEW SCALED UP VERTICALS - RETAIL, TECHNOLOGY AND HEALTHCARE
Source text for Eikon: [ID:]
Further company coverage: CIGN.NS
(([email protected];;))
May 2 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
COFORGE LTD - ACQUISITION OF CIGNITI ENSURE THAT COFORGE'S OPERATING MARGINS IMPROVE BY 150-200 BPS BY FY27
COFORGE LTD - CIGNITI TECHNOLOGIES ACQUISITION WILL CREATE THREE NEW SCALED UP VERTICALS - RETAIL, TECHNOLOGY AND HEALTHCARE
Source text for Eikon: [ID:]
Further company coverage: CIGN.NS
(([email protected];;))
Cigniti Technologies Dec-Quarter Consol Net Profit Rises
Feb 6 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
DEC-QUARTER CONSOL NET PROFIT 480.4 MILLION RUPEES VERSUS PROFIT 465.5 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.68 BILLION RUPEES VERSUS 4.28 BILLION RUPEES
Source text for Eikon: ID:nBSE4d5Fmn
Further company coverage: CIGN.NS
(([email protected];))
Feb 6 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
DEC-QUARTER CONSOL NET PROFIT 480.4 MILLION RUPEES VERSUS PROFIT 465.5 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.68 BILLION RUPEES VERSUS 4.28 BILLION RUPEES
Source text for Eikon: ID:nBSE4d5Fmn
Further company coverage: CIGN.NS
(([email protected];))
Cigniti Technologies Says No Truth In News Promoters Intend To Sell Stake To PE Firms
Nov 7 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
NO TRUTH IN NEWS THAT PROMOTERS OF CO INTEND TO SELL THEIR STAKE IN CO TO PRIVATE EQUITY FIRMS
Source text for Eikon: ID:nBSE5W199X
Further company coverage: CIGN.NS
(([email protected];))
Nov 7 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
NO TRUTH IN NEWS THAT PROMOTERS OF CO INTEND TO SELL THEIR STAKE IN CO TO PRIVATE EQUITY FIRMS
Source text for Eikon: ID:nBSE5W199X
Further company coverage: CIGN.NS
(([email protected];))
India's Cigniti Technologies Sept-Quarter Net Profit Rises
Nov 3 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
INDIA'S CIGNITI TECHNOLOGIES LTD SEPT-QUARTER NET PROFIT 292.9 MILLION RUPEES VERSUS PROFIT 260.9 MILLION RUPEES
CIGNITI TECHNOLOGIES LTD SEPT-QUARTER REVENUE FROM OPERATIONS 1.96 BILLION RUPEES VERSUS 1.73 BILLION RUPEES
DECLARED INTERIM DIVIDEND OF 3 RUPEES PER SHR
MD C.V.SUBRAMANYAM RESIGNS
REDESIGNATES C.V.SUBRAMANYAM AS CHAIRMAN
Source text for Eikon: ID:nBSE2BQpHj
Further company coverage: CIGN.NS
(([email protected];))
Nov 3 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
INDIA'S CIGNITI TECHNOLOGIES LTD SEPT-QUARTER NET PROFIT 292.9 MILLION RUPEES VERSUS PROFIT 260.9 MILLION RUPEES
CIGNITI TECHNOLOGIES LTD SEPT-QUARTER REVENUE FROM OPERATIONS 1.96 BILLION RUPEES VERSUS 1.73 BILLION RUPEES
DECLARED INTERIM DIVIDEND OF 3 RUPEES PER SHR
MD C.V.SUBRAMANYAM RESIGNS
REDESIGNATES C.V.SUBRAMANYAM AS CHAIRMAN
Source text for Eikon: ID:nBSE2BQpHj
Further company coverage: CIGN.NS
(([email protected];))
Cigniti Technologies Names C.V. Subramanyam As Chairman, Managing Director
Oct 13 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
NAMES C.V. SUBRAMANYAM AS CHAIRMAN, MANAGING DIRECTOR
Source text for Eikon: ID:nBSE9GCcyB
Further company coverage: CIGN.NS
(([email protected];))
Oct 13 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
NAMES C.V. SUBRAMANYAM AS CHAIRMAN, MANAGING DIRECTOR
Source text for Eikon: ID:nBSE9GCcyB
Further company coverage: CIGN.NS
(([email protected];))
Cigniti Technologies Approves Scheme Of Amalgamation Of Units Gallop Solutions And Aparaa Digital With Co
Aug 23 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
APPROVES SCHEME OF AMALGAMATION OF UNITS GALLOP SOLUTIONS AND APARAA DIGITAL WITH CO
Source text for Eikon: ID:nNSE75kbSs
Further company coverage: CIGN.NS
(([email protected];))
Aug 23 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
APPROVES SCHEME OF AMALGAMATION OF UNITS GALLOP SOLUTIONS AND APARAA DIGITAL WITH CO
Source text for Eikon: ID:nNSE75kbSs
Further company coverage: CIGN.NS
(([email protected];))
India's Cigniti Technologies June-Quarter Consol Net Profit Rises
July 28 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
INDIA'S CIGNITI TECHNOLOGIES JUNE-QUARTER CONSOL NET PROFIT 445.6 MILLION RUPEES VERSUS 310 MILLION RUPEES
CIGNITI TECHNOLOGIES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.40 BILLION RUPEES VERSUS 3.78 BILLION RUPEES
Source text for Eikon: ID:nBSE6tlYTd
Further company coverage: CIGN.NS
(([email protected];))
July 28 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
INDIA'S CIGNITI TECHNOLOGIES JUNE-QUARTER CONSOL NET PROFIT 445.6 MILLION RUPEES VERSUS 310 MILLION RUPEES
CIGNITI TECHNOLOGIES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.40 BILLION RUPEES VERSUS 3.78 BILLION RUPEES
Source text for Eikon: ID:nBSE6tlYTd
Further company coverage: CIGN.NS
(([email protected];))
Cigniti Technologies Got Notice From Shareholders For Convening Extra-Ordinary General Meeting
July 25 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
CIGNITI TECHNOLOGIES LTD- RECEIVED REQUISITION NOTICE FROM SHAREHOLDERS FOR CONVENING EXTRA-ORDINARY GENERAL MEETING
CIGNITI TECHNOLOGIES - EGM TO CONSIDER APPOINTMENT OF C. V. SUBRAMANYAM AS CHAIRMAN, MD
Source text for Eikon: ID:nBSE3bpbTc
Further company coverage: CIGN.NS
(([email protected];))
July 25 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
CIGNITI TECHNOLOGIES LTD- RECEIVED REQUISITION NOTICE FROM SHAREHOLDERS FOR CONVENING EXTRA-ORDINARY GENERAL MEETING
CIGNITI TECHNOLOGIES - EGM TO CONSIDER APPOINTMENT OF C. V. SUBRAMANYAM AS CHAIRMAN, MD
Source text for Eikon: ID:nBSE3bpbTc
Further company coverage: CIGN.NS
(([email protected];))
Cigniti Technologies MD & Chairman C.V. Subramanyam Withdraws Consent To Be Re-Appointed As MD
June 16 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
C.V. SUBRAMANYAM, CHAIRMAN & MD WITHDRAWN CONSENT TO BE RE-APPOINTED AS MD
Source text for Eikon: ID:nNSEKsQj9
Further company coverage: CIGN.NS
(([email protected];))
June 16 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
C.V. SUBRAMANYAM, CHAIRMAN & MD WITHDRAWN CONSENT TO BE RE-APPOINTED AS MD
Source text for Eikon: ID:nNSEKsQj9
Further company coverage: CIGN.NS
(([email protected];))
Cigniti Technologies March-Quarter Net Profit Rises
May 2 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
CIGNITI TECHNOLOGIES LTD - FINAL DIVIDEND OF 3 RUPEES PER SHARE
INDIA'S CIGNITI TECHNOLOGIES MAR-QUARTER CONSOL NET PROFIT 492.4 MILLION RUPEES VERSUS PROFIT 226 MILLION RUPEES YEAR AGO
CIGNITI TECHNOLOGIES MAR-QUARTER CONSOL REVENUE FROM OPERATIONS 4.25 BILLION RUPEES VERSUS 3.44 BILLION RUPEES YEAR AGO
Source text for Eikon: ID:nBSE1PZSLR
Further company coverage: CIGN.NS
(([email protected];))
May 2 (Reuters) - Cigniti Technologies Ltd CIGN.NS:
CIGNITI TECHNOLOGIES LTD - FINAL DIVIDEND OF 3 RUPEES PER SHARE
INDIA'S CIGNITI TECHNOLOGIES MAR-QUARTER CONSOL NET PROFIT 492.4 MILLION RUPEES VERSUS PROFIT 226 MILLION RUPEES YEAR AGO
CIGNITI TECHNOLOGIES MAR-QUARTER CONSOL REVENUE FROM OPERATIONS 4.25 BILLION RUPEES VERSUS 3.44 BILLION RUPEES YEAR AGO
Source text for Eikon: ID:nBSE1PZSLR
Further company coverage: CIGN.NS
(([email protected];))
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What does Cigniti Technologies do?
Cigniti Technologies, based in Hyderabad, India, is a global leader in Independent Quality Engineering & Software Testing Services. They offer a wide range of quality assurance solutions and have state-of-the-art testing labs.
Who are the competitors of Cigniti Technologies?
Cigniti Technologies major competitors are 63 Moons Tech., Axiscades Tech., Datamatic Global Ser, R Systems Intl., Nucleus Software Exp, Sasken Technologies, Saksoft. Market Cap of Cigniti Technologies is ₹3,318 Crs. While the median market cap of its peers are ₹3,305 Crs.
Is Cigniti Technologies financially stable compared to its competitors?
Cigniti Technologies seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Cigniti Technologies pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Cigniti Technologies latest dividend payout ratio is 4.95% and 3yr average dividend payout ratio is 7.17%
How has Cigniti Technologies allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable
How strong is Cigniti Technologies balance sheet?
Balance sheet of Cigniti Technologies is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Cigniti Technologies improving?
No, profit is decreasing. The profit of Cigniti Technologies is ₹154 Crs for TTM, ₹166 Crs for Mar 2024 and ₹168 Crs for Mar 2023.
Is the debt of Cigniti Technologies increasing or decreasing?
Yes, The debt of Cigniti Technologies is increasing. Latest debt of Cigniti Technologies is -₹187.87 Crs as of Sep-24. This is greater than Mar-24 when it was -₹286 Crs.
Is Cigniti Technologies stock expensive?
Yes, Cigniti Technologies is expensive. Latest PE of Cigniti Technologies is 21.53, while 3 year average PE is 16.75. Also latest EV/EBITDA of Cigniti Technologies is 13.91 while 3yr average is 11.23.
Has the share price of Cigniti Technologies grown faster than its competition?
Cigniti Technologies has given lower returns compared to its competitors. Cigniti Technologies has grown at ~11.03% over the last 10yrs while peers have grown at a median rate of 16.33%
Is the promoter bullish about Cigniti Technologies?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 55.32% and last quarter promoter holding is 22.68%.
Are mutual funds buying/selling Cigniti Technologies?
The mutual fund holding of Cigniti Technologies is increasing. The current mutual fund holding in Cigniti Technologies is 8.52% while previous quarter holding is 4.5%.