Cigniti Technologies is currently trading at Rs. 591.00, up by 2.60 points or 0.44% from its previous closing of Rs. 588.40 on the BSE.
The scrip opened at Rs. 593.60 and has touched a high and low of Rs. 598.00 and Rs. 586.30 respectively. So far 980 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 677.00 on 02-Jul-2021 and a 52 week low of Rs. 310.60 on 19-Mar-2021.
Last one week high and low of the scrip stood at Rs. 644.95 and Rs. 574.65 respectively. The current market cap of the company is Rs. 1657.90 crore.
The promoters holding in the company stood at 37.46%, while Institutions and Non-Institutions held 0.57% and 61.97% respectively.
Cigniti Technologies has expanded its portfolio of pioneering innovative digital assurance and experience solutions for next generation 5G technologies by forming a strategic partnership with Innovate5G. As companies move to 5G, they are going to be challenged in optimizing for the plethora of possibilities that 5G has to offer and with that, customer expectations and demand for new services will increase at a rapid pace. So, whether it be enhanced video, telehealth, adaptive manufacturing, AR/VR, gaming, consumer IoT services, connected vehicles, to name just a few, the pivot to the 5G paradigm will be significant as will the manner in which these new solutions are rolled out.
Embracing this new horizon of transformation and realization of 5G networks - machine type communication (mMTC), enhanced mobile broadband (eMBB), ultra-reliable low-latency communication (URLLC) - creates the mandate for a new paradigm of digital assurance. Innovate5G's in5Genius platform combined with Cigniti's 5G Assurance capabilities, creates an end-to-end assurance model for organizations that are leveraging 5G as the backbone for their business and consumer applications, IoT, and edge computing. The partnership with Innovate5G, further enables Cigniti's Digital Assurance services to best support clients' 5G initiatives with speed, reliability and predictability.
Cigniti Technologies is a Global Leader in Independent Quality Engineering & Software Testing Services, headquartered at Hyderabad, India.
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