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Cigniti Technologies NSEI:CIGNITITEC Stock Report

Last Price

₹1.36k

Market Cap

₹37.2b

7D

0.7%

1Y

59.8%

Updated

28 Jun, 2024

Data

Company Financials +

Cigniti Technologies Limited

NSEI:CIGNITITEC Stock Report

Market Cap: ₹37.2b

CIGNITITEC Stock Overview

Provides software testing services worldwide.

CIGNITITEC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends2/6

Cigniti Technologies Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cigniti Technologies
Historical stock prices
Current Share Price₹1,360.25
52 Week High₹1,384.00
52 Week Low₹758.05
Beta0.14
11 Month Change2.94%
3 Month Change7.46%
1 Year Change59.79%
33 Year Change107.34%
5 Year Change340.71%
Change since IPO182.30%

Recent News & Updates

Why Cigniti Technologies' (NSE:CIGNITITEC) Shaky Earnings Are Just The Beginning Of Its Problems

Jun 05
Why Cigniti Technologies' (NSE:CIGNITITEC) Shaky Earnings Are Just The Beginning Of Its Problems

We Ran A Stock Scan For Earnings Growth And Cigniti Technologies (NSE:CIGNITITEC) Passed With Ease

May 03
We Ran A Stock Scan For Earnings Growth And Cigniti Technologies (NSE:CIGNITITEC) Passed With Ease

Recent updates

Why Cigniti Technologies' (NSE:CIGNITITEC) Shaky Earnings Are Just The Beginning Of Its Problems

Jun 05
Why Cigniti Technologies' (NSE:CIGNITITEC) Shaky Earnings Are Just The Beginning Of Its Problems

We Ran A Stock Scan For Earnings Growth And Cigniti Technologies (NSE:CIGNITITEC) Passed With Ease

May 03
We Ran A Stock Scan For Earnings Growth And Cigniti Technologies (NSE:CIGNITITEC) Passed With Ease

Is Cigniti Technologies (NSE:CIGNITITEC) A Risky Investment?

Mar 12
Is Cigniti Technologies (NSE:CIGNITITEC) A Risky Investment?

Should You Be Adding Cigniti Technologies (NSE:CIGNITITEC) To Your Watchlist Today?

Nov 04
Should You Be Adding Cigniti Technologies (NSE:CIGNITITEC) To Your Watchlist Today?

Cigniti Technologies (NSE:CIGNITITEC) Is Paying Out A Larger Dividend Than Last Year

May 25
Cigniti Technologies (NSE:CIGNITITEC) Is Paying Out A Larger Dividend Than Last Year

Why We Like The Returns At Cigniti Technologies (NSE:CIGNITITEC)

Mar 22
Why We Like The Returns At Cigniti Technologies (NSE:CIGNITITEC)

Investors Met With Slowing Returns on Capital At Cigniti Technologies (NSE:CIGNITITEC)

Sep 30
Investors Met With Slowing Returns on Capital At Cigniti Technologies (NSE:CIGNITITEC)

Investors Should Be Encouraged By Cigniti Technologies' (NSE:CIGNITITEC) Returns On Capital

Jun 14
Investors Should Be Encouraged By Cigniti Technologies' (NSE:CIGNITITEC) Returns On Capital

We Think Cigniti Technologies (NSE:CIGNITITEC) Can Manage Its Debt With Ease

May 30
We Think Cigniti Technologies (NSE:CIGNITITEC) Can Manage Its Debt With Ease

A Look At The Intrinsic Value Of Cigniti Technologies Limited (NSE:CIGNITITEC)

Apr 12
A Look At The Intrinsic Value Of Cigniti Technologies Limited (NSE:CIGNITITEC)

Do Insiders Own Lots Of Shares In Cigniti Technologies Limited (NSE:CIGNITITEC)?

Mar 13
Do Insiders Own Lots Of Shares In Cigniti Technologies Limited (NSE:CIGNITITEC)?

We Think Cigniti Technologies (NSE:CIGNITITEC) Can Manage Its Debt With Ease

Feb 26
We Think Cigniti Technologies (NSE:CIGNITITEC) Can Manage Its Debt With Ease

Is Weakness In Cigniti Technologies Limited (NSE:CIGNITITEC) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

Feb 11
Is Weakness In Cigniti Technologies Limited (NSE:CIGNITITEC) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

Did Cigniti Technologies' (NSE:CIGNITITEC) Share Price Deserve to Gain 46%?

Jan 27
Did Cigniti Technologies' (NSE:CIGNITITEC) Share Price Deserve to Gain 46%?

Cigniti Technologies (NSE:CIGNITITEC) Is Very Good At Capital Allocation

Jan 10
Cigniti Technologies (NSE:CIGNITITEC) Is Very Good At Capital Allocation

This Insider Has Just Sold Shares In Cigniti Technologies Limited (NSE:CIGNITITEC)

Dec 26
This Insider Has Just Sold Shares In Cigniti Technologies Limited (NSE:CIGNITITEC)

How Much Of Cigniti Technologies Limited (NSE:CIGNITITEC) Do Insiders Own?

Dec 13
How Much Of Cigniti Technologies Limited (NSE:CIGNITITEC) Do Insiders Own?

How Many Cigniti Technologies Limited (NSE:CIGNITITEC) Shares Did Insiders Buy, In The Last Year?

Nov 28
How Many Cigniti Technologies Limited (NSE:CIGNITITEC) Shares Did Insiders Buy, In The Last Year?

Shareholder Returns

CIGNITITECIN ITIN Market
7D0.7%2.5%1.1%
1Y59.8%20.7%44.4%

Return vs Industry: CIGNITITEC exceeded the Indian IT industry which returned 23.9% over the past year.

Return vs Market: CIGNITITEC exceeded the Indian Market which returned 45.2% over the past year.

Price Volatility

Is CIGNITITEC's price volatile compared to industry and market?
CIGNITITEC volatility
CIGNITITEC Average Weekly Movement3.0%
IT Industry Average Movement6.2%
Market Average Movement6.5%
10% most volatile stocks in IN Market9.6%
10% least volatile stocks in IN Market4.3%

Stable Share Price: CIGNITITEC has not had significant price volatility in the past 3 months.

Volatility Over Time: CIGNITITEC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19983,891Srikanth Chakkilamwww.cigniti.com

Cigniti Technologies Limited provides software testing services worldwide. The company offers digital assurance services, such as artificial intelligence, Internet of Things, blockchain, big data and analytics, and mobile testing services, as well as security assurance, robotic process automation, cloud migration assurance, and 5G assurance services. It also provides quality engineering services, including accessibility, DevOps, compatibility, functional, performance, security, regression, test automation, and crowdsourced testing.

Cigniti Technologies Limited Fundamentals Summary

How do Cigniti Technologies's earnings and revenue compare to its market cap?
CIGNITITEC fundamental statistics
Market cap₹37.17b
Earnings (TTM)₹1.66b
Revenue (TTM)₹18.15b

22.4x

P/E Ratio

2.0x

P/S Ratio

Is CIGNITITEC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CIGNITITEC income statement (TTM)
Revenue₹18.15b
Cost of Revenue₹11.24b
Gross Profit₹6.91b
Other Expenses₹5.25b
Earnings₹1.66b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)60.66
Gross Margin38.05%
Net Profit Margin9.12%
Debt/Equity Ratio4.7%

How did CIGNITITEC perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

5%

Payout Ratio
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