Cigniti Technologies (India) Today

CIGNITITEC   1,733  69.90  4.20%   

Performance

17 of 100

 
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Odds Of Distress

Less than 1

 
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Cigniti Technologies is trading at 1733.30 as of the 3rd of December 2024. This is a 4.20 percent increase since the beginning of the trading day. The stock's open price was 1663.4. Cigniti Technologies has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Cigniti Technologies Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of September 2024 and ending today, the 3rd of December 2024. Click here to learn more.
Business Domain
Software & Services
Category
Technology
Classification
Information Technology
Cigniti Technologies is entity of India. It is traded as Stock on NSE exchange. The company has 27.3 M outstanding shares. More on Cigniti Technologies Limited

Moving against Cigniti Stock

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Cigniti Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cigniti Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cigniti Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO DirectorSrikanth Chakkilam
Business ConcentrationIT Consulting & Other Services, Information Technology Services, Information Technology, Information Technology, IT Services, Information Technology Services, Information Technology (View all Sectors)
Cigniti Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cigniti Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Cigniti Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cigniti Technologies' financial leverage. It provides some insight into what part of Cigniti Technologies' total assets is financed by creditors.
Liquidity
Cigniti Technologies cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Cigniti Technologies Limited has accumulated 572.35 M in total debt. Debt can assist Cigniti Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Cigniti Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cigniti Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cigniti to invest in growth at high rates of return. When we think about Cigniti Technologies' use of debt, we should always consider it together with cash and equity.

Begin Period Cash Flow

140.19 Million
Cigniti Technologies Limited (CIGNITITEC) is traded on National Stock Exchange of India in India and employs 18 people. Cigniti Technologies is listed under IT Consulting & Other Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 38.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cigniti Technologies's market, we take the total number of its shares issued and multiply it by Cigniti Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Cigniti Technologies operates under IT Services sector and is part of Information Technology industry. The entity has 27.3 M outstanding shares. Cigniti Technologies Limited has accumulated about 629.57 M in cash with 1.29 B of positive cash flow from operations.
Check Cigniti Technologies Probability Of Bankruptcy
Ownership Allocation
Cigniti Technologies holds a total of 27.3 Million outstanding shares. Cigniti Technologies Limited shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 76.7 percent of Cigniti Technologies outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Cigniti Ownership Details

Cigniti Technologies Risk Profiles

Although Cigniti Technologies' alpha and beta are two of the key measurements used to evaluate Cigniti Technologies' performance over the market, the standard measures of volatility play an important role as well.

Cigniti Stock Against Markets

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Cigniti Technologies Corporate Management

Elected by the shareholders, the Cigniti Technologies' board of directors comprises two types of representatives: Cigniti Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cigniti. The board's role is to monitor Cigniti Technologies' management team and ensure that shareholders' interests are well served. Cigniti Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cigniti Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in Cigniti Stock

Cigniti Technologies financial ratios help investors to determine whether Cigniti Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cigniti with respect to the benefits of owning Cigniti Technologies security.