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Cigniti Technologies Limited
Share Price Target & Analysis

NSE:CIGNITITEC

1485.61

VWAP

1440

Open

1454.5

Close

1523.4

High

1433.9

Low

1552.8

52 Week High

1504.95 ⇧
50.45 (3.47%)

CIGNITITEC

(IT)
92.2% Momentum

Trending & Favourite

942.1

52 Week Low

24.26

EPS

36.41

PE

8.04

PB

Economical
Quality

Diamond
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 1504.95, this results in a dividend yield of 0.17 %.

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 24.26. NSE:CIGNITITEC book value per share as of today is 187.1. The current price to book ratio for CIGNITITEC as of Nov 23, 2024 is 8.04.

Valuation of the Stock: The current valuation of CIGNITITEC stock is like Diamond which means currently the stock is Very Expensive. 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 48.3% is very crucial parameter which shows that 48.3% investors are anticipating that the price of CIGNITITEC share should go up with VWAP at 1485.61.

Now, the main question is whether to BUY or SELL, NSE:CIGNITITEC at current valuation.
As per latest Analysis No. #1689:-

⇑ 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 (Nov 23, 2024)

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

Cigniti Technologies Limited share price moved Up by 3.47% from its previous close of Rs 1454.5. CIGNITITEC stock last traded price is 1504.95. CIGNITITEC share price trend is Up with a total of 264491 stocks traded till now. It has touched an intraday high of Rs 1523.4 and an intraday low of Rs 1433.9. The CIGNITITEC trading at 1504.95, Up by Rs. 50.45, or 3.47 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 3.47%. CIGNITITEC share price short term trend is Up. It suggests that CIGNITITEC Share Price for Tomorrow remains the same with VWAP at 1485.61 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

 1504.95

CIGNITITEC Share Price Target Prediction for 2024 ^

 1199.2 - 1560.5

CIGNITITEC Share Price Target Prediction for 2025*^

 1560.5 - 1662.4

CIGNITITEC Share Price Target Prediction for 2026*^

 1662.4 - 1778.8

CIGNITITEC Share Price Target Prediction for 2027*^

 1868

CIGNITITEC Share Price Target Prediction for 2028*^

 1921

CIGNITITEC Share Price Target Prediction for 2030*^

 2094
CIGNITITEC Current Book Value 2023
186.2

*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: @1372.95

CIGNITITEC Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 1397.27 SELL 1392.23 SELL
MA_12 1406.55 SELL 1404.36 SELL
MA_20 1417.12 SELL 1406.46 SELL
MA_32 1405.52 SELL 1403.82 SELL
MA_50 1398.57 SELL 1397.97 SELL
MA_100 1382.18 SELL 1377.82 SELL
MA_200 1299.2 BUY 1289.88 BUY

CIGNITITEC Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 1417.12 Downtrend
MACD -6.27 SELL
ADX 20.17 NO or Weak Trend
DMI (+/-) 13.67 / 20.36 Downtrend

CIGNITITEC Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 37.67 Neutral
STOCHASTIC_K (Fast) 23.82 Neutral
STOCHASTIC_D (Slow) 44.85 Neutral
CCI -152.09 SELL
PSAR 1514.13 SELL
TRUE RANGE 41.95 SELL
ATR 30.39 SELL
WILLIAMS R -95.64 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -18 SELL

CIGNITITEC Last 1 Year Trend

Duration Value
1 Year 23.03%
3 Months 1.28%
1 Month -1.29%
1 Week -2.62%

CIGNITITEC Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 17%
SELL 77%

Most popular Questions & Answers about CIGNITITEC


Cigniti Technologies Limited stock last traded price is 1504.95. CIGNITITEC share price moved Up by 3.47% from its previous close of Rs 1454.5.

Cigniti Technologies Limited share price trend is Up with a total of 264491 stocks traded till now. It has touched an intraday high of Rs 1568.328 and an intraday low of Rs 1433.9. The CIGNITITEC trading at 1504.95, Up by Rs. 50.45, or 3.47 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 1485.61.

The market cap of Cigniti Technologies Limited is ₹1412.2 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Cigniti Technologies Limited as of Nov 22, 2024 is 36.41.

The current price to book ratio for Cigniti Technologies Limited as of Nov 22, 2024 is 8.04.

The highest price of Cigniti Technologies Limited stock is ₹1552.8 in the last 52-week.

The lowest price of Cigniti Technologies Limited stock is ₹942.1 in the last 52-week.

Cigniti Technologies Limited share trading at ₹1504.95, Up by Rs. 50.45, or 3.47 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 ₹1199.2 on downside and ₹1560.5 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 ₹1560.5 on downside and ₹1662.4 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 ₹1662.4 on downside and ₹1778.8 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 ₹1921 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.

The price of Cigniti Technologies Limited (CIGNITITEC) shares moved by 3.47%. The short-term trend for CIGNITITEC share price is Up. It implies that the share price of CIGNITITEC will stay the same tomorrow and that intraday traders should treat VWAP at 1485.61 as a stop loss. Investors with a long-term outlook can track CIGNITITEC long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of CIGNITITEC stock is 290.9. Compared to the current market price of 1504.95 INR, the CIGNITITEC stock is Overvalued by 80.7%.

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 24.26. Cigniti Technologies Limited book value per share as of today is 187.1. The current price to book ratio for CIGNITITEC as of Nov 23, 2024 is 8.04.


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 209.50 0 59.72
TANLA 680.40 14.54 44.26
BCG 7.72 0.07 7.8
BSOFT 561.70 11.4 53.08
FSL 344.40 5.3 33.91
SONATSOFTW 548.50 13.42 25.21
ECLERX 3267.55 73.16 308.65
VAKRANGEE 23.89 0.06 1.07
RSYSTEMS 470.00 12.33 40.81
DATAMATICS 521.45 12.23 140.43
Updated at: 22 Nov 2024 15:46

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