Cigniti Technologies consolidated net profit declines 76.39% in the June 2024 quarter

Notable tech companies like Cigniti Technologies, Moschip Technologies, and Zensar Technologies will declare their first-quarter earnings on Monday.

Q1 Results Today: IDBI Bank, Suzlon Energy, Coforge, UCO Bank Among 40+ Firms To Declare Earnings

Consequently, the existing five out of six directors of Cigniti have resigned and Coforge has appointed Executive Director, Non-Executive Director and Independent Director on the board.

Coforge acquires 27.98% stake in Cigniti Technologies

IT company Coforge on Friday bought a 17 per cent stake in Cigniti Technologies for Rs 645 crore through open market transactions.

Coforge buys 17% stake in Cigniti Technologies for Rs 645 cr via block deal

Coforge acquires 11.07% stake in Cigniti Technologies

According to the proposal, the company will acquire at least 50.21% and up to 54% shareholding on a fully diluted basis of Cigniti Technologies.

CCI Clears Coforge Acquisition Of Majority Stake In Cigniti Technologies

Digital engineering services company Cigniti Technologies has provided healthcare and critical medical equipment to the gynaecology facility at the Government MNJ Institute of Oncology, Regional Cancer Centre, Hyderabad.

IT firm donates equipment to regional cancer hospital

Black Box Ltd, Future Retail Ltd, JK Paper Ltd and Indostar Capital Finance Ltd are among the other losers in the BSE’s ‘A’ group today, 17 May 2022.

Cigniti Technologies Ltd leads losers in ‘A’ group

Indostar Capital Finance Ltd, Hindustan Copper Ltd, MTAR Technologies Ltd and Cigniti Technologies Ltd are among the other losers in the BSE’s ‘A’ group today, 09 May 2022.

Privi Speciality Chemicals Ltd leads losers in ‘A’ group

“Being optimistic and finding new opportunities amidst the most difficult times is a lesson learnt during the pandemic. Putting this into practice, we have embraced the ongoing attrition rampage as a challenge and are continuing to explore ways to deal with it in the most positive way creating a bet…

Cigniti Technologies| Srikanth Chakkilam: Cigniti Technologies will grow organically at high teens, says CEO Srikanth Chakkilam

Buzzing stocks: Wipro, HFCL, TVS Motor Company, Mahindra & Mahindra, Jindal Worldwide, Cigniti Technologies, Nazara Technologies RailTel Corporation, Future Enterprises, Phoenix Mills Ltd, Renaissance Global Ltd, Flex Food Ltd

Stocks that will see action today

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Cigniti Technologies Limited is engaged in software testing business. It's offerings  include test offerings on cloud, mobile testing, big data testing, test advisory services, functional testing etc.

Cigniti Technologies Ltd