Mid-Tier IT Firm Completes the Acquisition of a 54 Per Cent Stake in Cigniti Technologies Mid-Tier IT Firm Completes the Acquisition of a 54 Per Cent Stake in Cigniti Technologies The final tranche of the acquisition was completed on December 20, 2024, through an off-market transaction, with Coforge purchasing an additional 59,54,626 equity shares, representing 21.62 per cent of Cigniti’s expanded voting share capital. Manoj Reddy Sama / Monday, December 23, 2024 0 331 Article rating: 4.1 The company acquired a total of 1,48,75,357 equity shares, which amounts to 54 per cent of the expanded voting share capital of Cigniti. Read more
189 per cent returns: Multibagger reports stellar Q1FY24 results; do you own it? 189 per cent returns: Multibagger reports stellar Q1FY24 results; do you own it? The net profit reported Rs 44.56 crore, a remarkable increase of 43.7 per cent. Vaishnavi Chauhan / Monday, July 31, 2023 0 1088 Article rating: 4.2 The company boasts an impressive track record of Return on Equity (ROE) with a commendable 29 per cent over the past 3 years. Read more
Heavy buying witnessed in this multibagger small-cap IT stock; do you own it? Heavy buying witnessed in this multibagger small-cap IT stock; do you own it? The stock has witnessed significant buying activity, delivering multibagger returns of more than 190 per cent in just three years Bhavya Rathod / Thursday, June 1, 2023 0 6952 Article rating: 4.3 Moreover, the stock has rallied over 85 per cent in the past year Read more
Overnight Digest: Stocks likely to be in focus on May 30 Overnight Digest: Stocks likely to be in focus on May 30 Shreya Chaware / Friday, May 27, 2022 0 911 Article rating: 3.4 The benchmark indices ended higher for the second consecutive day on the back of positive global cues. A lowering of FII selling made the domestic market comfortable in squeezing volatility. RBI’s upcoming policy meeting will be the key driver in the market, where they are expected to announce an additional policy rate hike of 25-35 bps. Read more
Overnight Digest: Stocks to be kept an eye on May 20 Overnight Digest: Stocks to be kept an eye on May 20 On an intraday basis, India VIX jumped 10.15 per cent to settle at 24.56 level on Thursday. Shreya Chaware / Thursday, May 19, 2022 0 1077 Article rating: 3.7 Due to the global sell-off, the Indian equity markets traded under pressure with Sensex rattling 1,416.30 points or 2.61 per cent ending at 52,792.23 level while Nifty declining 430.90 points or 2.65 per cent at 15,809.40 level. Read more