This software services company has picked up bullish momentum!
This software services company has picked up bullish momentum!
CIGNITITEC
Cigniti Technologies Ltd is engaged in providing quality engineering & software testing services to clients across various industries. It was incorporated in 1998 in Hyderabad, Telangana.
Total Revenue for this quarter increased by 33.34% year-on-year
EBIDTA for this quarter increased by 71.89% year-on-year
Net Profit for this quarter increased by 75.33% year-on-year
EBITDA margin increased from an average of 12.67% over the last 4 quarters to 16.47%
Net Profit margin increased from an average of 8.17% over the last 4 quarters to 10.68%
Technically the price has run up a bit, but it could still be considered for entry on pull-backs
Disclaimer: This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The views and opinions expressed here are personal. The information contained here has been obtained from sources believed to be reliable but is not necessarily complete, and its accuracy cannot be guaranteed. I may have positions in the securities or instruments shared as ideas. Do your own research OR consult a financial advisor for personalized investment advice.
CIGNITITECCigniti Technologies Ltd is engaged in providing quality engineering & software testing services to clients across various industries. It was incorporated in 1998 in Hyderabad, Telangana.
Total Revenue for this quarter increased by 33.34% year-on-year
EBIDTA for this quarter increased by 71.89% year-on-year
Net Profit for this quarter increased by 75.33% year-on-year
EBITDA margin increased from an average of 12.67% over the last 4 quarters to 16.47%
Net Profit margin increased from an average of 8.17% over the last 4 quarters to 10.68%
Technically the price has run up a bit, but it could still be considered for entry on pull-backs
Disclaimer: This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The views and opinions expressed here are personal. The information contained here has been obtained from sources believed to be reliable but is not necessarily complete, and its accuracy cannot be guaranteed. I may have positions in the securities or instruments shared as ideas. Do your own research OR consult a financial advisor for personalized investment advice.
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