Cigniti Technologies Limited
Share Price Target & Analysis

NSE:CIGNITITEC

1300.59

VWAP

1299.50

Open

1299.5

Close

1307.00

High

1299.50

Low

1384.00

52 Week High

1300.35
0.85 (0.07%)

CIGNITITEC

(IT)
86.6% Momentum

Trending & Favourite

758.05

52 Week Low

34.72

EPS

31.08

PE

8.13

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: CIGNITITEC Share Price Financial Analysis & Valuation

Cigniti Technologies Limited (CIGNITITEC) is broadly categorized in IT segment industry which deals in Computers - Software Medium & Small vertical. It is one of Small Cap company with Market Capitalization of Rs 1412.2 (in Cr). Total number of free float shares are 2.7 (in Lacs). Cigniti Technologies Limited is listed on NSE with Exchange ID - INE675C01017 and trading code is NSE:CIGNITITEC with short name Cigniti Tech.

In the past 1 year, Cigniti Technologies Limited has declared an equity dividend of Rs 2.5 per share. At the current share price of CIGNITITEC at Rs 1300.35, this results in a dividend yield of 0.19 %.

As per the Fundamental Analysis of NSE:CIGNITITEC, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine CIGNITITEC underlying value and future prospects. All of this data is available in CIGNITITEC financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:CIGNITITEC, it is clearly understood that CIGNITITEC is Economical performer in terms of earnings and profit margins with an EPS of 34.72. NSE:CIGNITITEC book value per share as of today is 159.99. The current price to book ratio for CIGNITITEC as of May 15, 2024 is 8.13.

Valuation of the Stock: The current valuation of CIGNITITEC stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of CIGNITITEC whether to BUY this stock at current valuation. The delivery percentage of CIGNITITEC is 63.56% is very crucial parameter which shows that 63.56% investors are anticipating that the price of CIGNITITEC share should go up with VWAP at 1300.59.

Now, the main question is whether to BUY or SELL, NSE:CIGNITITEC at current valuation.
As per latest Analysis No. #1400:-

STRONG BUY CIGNITITEC if All Greens

BUY CIGNITITEC (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD CIGNITITEC (With Stop Loss) if only 1 Green

SELL CIGNITITEC if NO Green Indicator

NSE: CIGNITITEC Share Price Today (May 15, 2024)

(Cigniti Technologies Limited Daily Analysis on the basis of CIGNITITEC Intraday Graph & Trend)

Cigniti Technologies Limited share price moved Up by 0.07% from its previous close of Rs 1299.5. CIGNITITEC stock last traded price is 1300.35. CIGNITITEC share price trend is Up with a total of 44132 stocks traded till now. It has touched an intraday high of Rs 1307.00 and an intraday low of Rs 1299.50. The CIGNITITEC trading at 1300.35, Up by Rs. 0.85, or 0.07 percent which suggests that most of the Traders are anticipating that the price of CIGNITITEC share should go Up.

NSE: CIGNITITEC Share Price Tomorrow Prediction

(Cigniti Technologies Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of CIGNITITEC)

Cigniti Technologies Limited share price moved Up by 0.07%. CIGNITITEC share price short term trend is Up. It suggests that CIGNITITEC Share Price for Tomorrow remains the same with VWAP at 1300.59 will be treated as stop loss for intraday traders. Cigniti Technologies Limited Long term investors can follow the CIGNITITEC long term trend as mentiond in future forecast table.

NSE Code

NSE: CIGNITITEC

CIGNITITEC Share Price Today

1300.35

CIGNITITEC Share Price Target Prediction for 2024 ^

1030.1 - 1390.9

CIGNITITEC Share Price Target Prediction for 2025*^

1390.9 - 1481.7

CIGNITITEC Share Price Target Prediction for 2026*^

1481.7 - 1585.4

CIGNITITEC Share Price Target Prediction for 2027*^

1665

CIGNITITEC Share Price Target Prediction for 2028*^

1712

CIGNITITEC Share Price Target Prediction for 2030*^

1866
CIGNITITEC Current Book Value 2023
159.2

*Cigniti Technologies Limited Short Term & Long Term share price target is based on current financial year earings of the company.

^CIGNITITEC share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

CIGNITITEC Technical Analysis

Candlestick Pattern: @1319.15

CIGNITITEC Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 1274.37 BUY 1284.11 BUY
MA_12 1266.43 BUY 1270.77 BUY
MA_20 1276.76 BUY 1260.84 BUY
MA_32 1244.23 BUY 1233.21 BUY
MA_50 1185.58 BUY 1203.43 BUY
MA_100 1122.9 BUY 1147.62 BUY
MA_200 1004.16 BUY 1032.78 BUY

CIGNITITEC Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 1276.76 Uptrend
MACD -3.58 SELL
ADX 14.41 NO or Weak Trend
DMI (+/-) 26.48 / 20.42 Uptrend

CIGNITITEC Momentum Oscillators

BUY (6) NEUTRAL (6) SELL (0)
Momentum Oscillators Value Action
RSI 63.1 Neutral
STOCHASTIC_K (Fast) 82.5 Overbought
STOCHASTIC_D (Slow) 71.8 Neutral
CCI 160.73 BUY
PSAR 1193.63 BUY
TRUE RANGE 36.8 Neutral
ATR 48.31 Neutral
WILLIAMS R -12.36 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 76.16 Neutral
MOMENTUM 56.9 BUY

CIGNITITEC Last 1 Year Trend

Duration Value
1 Year 66.14%
3 Months 23.7%
1 Month 4.51%
1 Week 4.49%

CIGNITITEC Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 73%
NEUTRAL / HOLD 23%
SELL 3%

Most popular Questions & Answers about CIGNITITEC


Cigniti Technologies Limited stock last traded price is 1300.35. CIGNITITEC share price moved Up by 0.07% from its previous close of Rs 1299.5.

Cigniti Technologies Limited share price trend is Up with a total of 44132 stocks traded till now. It has touched an intraday high of Rs 1397.84 and an intraday low of Rs 1299.50. The CIGNITITEC trading at 1300.35, Up by Rs. 0.85, or 0.07 percent which suggests that most of the Traders are anticipating that the price of CIGNITITEC share should go Up and the Stop Loss will be around 1300.59.

The market cap of Cigniti Technologies Limited is ₹1412.2 (in Cr) as of May 14, 2024.

The current price to earning ratio for Cigniti Technologies Limited as of May 14, 2024 is 31.08.

The current price to book ratio for Cigniti Technologies Limited as of May 14, 2024 is 8.13.

The highest price of Cigniti Technologies Limited stock is ₹1384.00 in the last 52-week.

The lowest price of Cigniti Technologies Limited stock is ₹758.05 in the last 52-week.

Cigniti Technologies Limited share trading at ₹1300.35, Up by Rs. 0.85, or 0.07 percent which suggests that most of the traders are anticipating that the price of CIGNITITEC share should go Up.

In 2023, Stock price target for Cigniti Technologies Limited (CIGNITITEC) are ₹1030.1 on downside and ₹1390.9 on upside. Cigniti Technologies Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Cigniti Technologies Limited (CIGNITITEC) are ₹1390.9 on downside and ₹1481.7 on upside. Cigniti Technologies Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Cigniti Technologies Limited (CIGNITITEC) are ₹1481.7 on downside and ₹1585.4 on upside. Cigniti Technologies Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Cigniti Technologies Limited (CIGNITITEC) will be around ₹1712 Cigniti Technologies Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of CIGNITITEC.

As per the fundamental analysis of Cigniti Technologies Limited (CIGNITITEC), it is of Economical quality in terms of earnings and profit margins with an EPS of 34.72. Cigniti Technologies Limited book value per share as of today is 159.99. The current price to book ratio for CIGNITITEC as of May 15, 2024 is 8.13.


NSE:CIGNITITEC News & Other Useful Information about CIGNITITEC Share Price


Peer Comparison of NSE: CIGNITITEC

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Computers - Software Medium & Small

Company Price EPS BV
AURUM 152.50 0 60.46
TANLA 894.45 11.35 42.19
BCG 12.25 0.09 7.8
BSOFT 603.45 10.82 44.23
FSL 191.90 4.59 34.59
SONATSOFTW 526.10 12.79 21.93
ECLERX 2305.15 75.28 236.58
VAKRANGEE 26.30 0.04 25.5
RSYSTEMS 426.35 14.57 40.81
DATAMATICS 546.20 14.62 130.08
Updated at: 15 May 2024 09:50

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