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Cigniti Technologies Plunges 4%; BSE IT Index Down 1.0%
Tue, 23 Dec 10:31

Cigniti Technologies Plunges 4%; BSE IT Index Down 1.0%Image source: ThinkNeo/www.istockphoto.com

Cigniti Technologies share price has plunged 4% and is presently trading at Rs 1,747.0.

Meanwhile, the BSE IT index is at 37,824.5 (down 1.0%).

Among the top losers in the BSE IT index today are Coforge (down 4.0%) and Infosys (down 1.6%).

TANLA SOLUTIONS (up 1.5%) and Sonata Software (up 1.0%) are among the top gainers today.

Over the last one year, Cigniti Technologies has moved down from Rs 1,942.8 to Rs 1,747.0, registering a loss of Rs 195.8 (down 10.1%).

On the other hand, the BSE IT index has moved down from 44,731.4 to 37,824.5, registering a loss of 15.4% during the last 12 months.

The top losers among the BSE IT index stocks during this same period were ROUTE MOBILE (down 49.1%), Sonata Software (down 46.1%) and CYIENT (down 42.9%).

Access Now: 3 Must Own Stocks to Ride the Market Fall

What About the Benchmark Indices?

The BSE Sensex is at 85,508.3 (down 0.1%).

The top losers among the BSE Sensex today are Infosys (down 1.6%) and Bharti Airtel (down 1.0%). The most traded stocks in the BSE Sensex are Tata Motors and Eternal Ltd.

In the meantime, NSE Nifty is at 26,170.0 . Infosys and Bharti Airtel are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 79,218.1 to 85,508.3, registering a gain of 6,290.3 points (up 7.9%).

Cigniti Technologies Financial Update...

Cigniti Technologies net profit grew 56.1% YoY to Rs 826 million for the quarter ended September 2025, compared to a profit of Rs 529 million a year ago. Net sales rose 13.6% to Rs 5,673 million during the period as against Rs 4,992 million in July-September 2024.

For the year ended March 2025, Cigniti Technologies reported 20.9% increase in net profit to Rs 2,002 million compared to net profit of Rs 1,656 million during FY24. Revenue of the company grew 11.0% to Rs 20,143 million during FY25.

The current Price to earnings ratio of Cigniti Technologies, based on rolling 12 month earnings, stands at 16.9.


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