Cigniti Technologies trades in green on the BSE
Cigniti Technologies is currently trading at Rs. 624.85, up by 7.05 points or 1.14% from its previous closing of Rs. 617.80 on the BSE.
The scrip opened at Rs. 621.00 and has touched a high and low of Rs. 627.55 and Rs. 620.45 respectively. So far 1444 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 670.00 on 15-Nov-2021 and a 52 week low of Rs. 336.30 on 17-May-2022.
Last one week high and low of the scrip stood at Rs. 633.00 and Rs. 570.75 respectively. The current market cap of the company is Rs. 1693.88 crore.
The promoters holding in the company stood at 35.25%, while Institutions and Non-Institutions held 0.74% and 64.01% respectively.
Cigniti Technologies has been identified as a ‘Contender’ in ISG’s Provider Lens evaluation for Power & Utilities Next-Gen IT Services, 2022. The ISG report highlights, “Some of the challenges that Power and Utilities enterprises face include legacy infrastructure, increased complexity of technology, changing consumption patterns, growing demands and regulatory compliance. The unique interdependencies between physical and cyber infrastructure also create vulnerabilities, requiring sophisticated security measures.”
The Next-Gen IT Services quadrant assesses service providers that offer IT managed services such as application development and maintenance (ADM), infrastructure services (data center, cloud, network, workplace, and cybersecurity) and systems integration (such as new application development) across the value chain to enable utilities to increase efficiency, ensure compliance, minimize costs, optimize assets, and maximize customer satisfaction.
Cigniti Technologies is a Global Leader in Independent Quality Engineering & Software Testing Services, headquartered at Hyderabad, India.