Cigniti Technologies Ltd Stock Price Today (NSE: CIGNITITEC)
Fundamental Score
Cigniti Technologies Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Cigniti Technologies Ltd share price today is ₹1263.30, down 2.55% on NSE/BSE as of 20 April 2026. Cigniti Technologies Ltd (CIGNITITEC) is a Mid-cap company in the IT Enabled Services sector with a market capitalisation of ₹5.10K (Cr). The 52-week high for CIGNITITEC share price is ₹1929.50 and the 52-week low is ₹996.50. At a P/E ratio of 17.88x, CIGNITITEC is currently trading below its industry average P/E of 33.81x. The company has a Return on Equity (ROE) of 25.96% and a debt-to-equity ratio of 0.02.
Cigniti Technologies Ltd Share Price Chart — NSE/BSE Historical Performance
Institutional Deep-Dive
Bull Run Research Hub
Cigniti Technologies Share Price Analysis: A Growth Strategy Perspective
The IT Enabled Services (ITeS) sector is witnessing a crucial shift; companies are no longer solely judged on revenue growth but also on their ability to demonstrate tangible ROI for their clients through specialized services like quality engineering and assurance. This is where companies like Cigniti Technologies, with a strong focus on testing, stand to benefit. This financial analysis delves into Cigniti Technologies share price (₹1511.599976) and its underlying performance metrics to assess its competitive positioning and potential for sustained growth.
Currently, Cigniti Technologies trades at a PE ratio of 17.88. To put this into perspective, evaluating its peers is crucial. While a detailed management quality comparison is beyond this scope, anecdotal evidence suggests that
FCS Software Solutions Ltd might lag behind Cigniti in terms of strategic vision and execution, a critical factor influencing investor confidence and long-term value creation.A standout figure for Cigniti Technologies is its impressive Return on Capital Employed (ROCE) of 34.09%. This high ROCE is a potent indicator of efficiency. It means that for every rupee invested in the business, the company generates a return of ₹0.34. Such a high ROCE builds a significant moat, acting as a barrier to entry for competitors and enabling Cigniti to reinvest profits at high rates, fueling further growth and reinforcing its market position. This strong financial performance could attract further investor attention to Cigniti Technologies share price.
This financial analysis is based on publicly available data and observations, forming part of a larger, 80-parameter fundamental audit verified by Sweta Mishra. It is not intended as investment advice; readers should conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions.
Cigniti Technologies Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹1129.00 | ₹1218.00 | ₹1102.50 | ₹1199.00 | 1.00L (Cr) | |
| ₹1101.00 | ₹1166.80 | ₹1101.00 | ₹1136.30 | 40.47K (Cr) | |
| ₹1099.50 | ₹1112.40 | ₹1086.30 | ₹1093.60 | 1.98L (Cr) | |
| ₹1118.00 | ₹1151.00 | ₹1111.10 | ₹1118.40 | 1.05L (Cr) | |
| ₹1097.20 | ₹1138.00 | ₹1084.90 | ₹1134.90 | 1.10L (Cr) | |
| ₹1086.20 | ₹1103.60 | ₹1058.40 | ₹1089.00 | 67.37K (Cr) | |
| ₹1048.30 | ₹1081.00 | ₹1043.10 | ₹1073.40 | 2.11L (Cr) | |
| ₹1087.90 | ₹1110.00 | ₹1056.00 | ₹1068.30 | 48.34K (Cr) | |
| ₹1092.90 | ₹1097.80 | ₹1066.20 | ₹1072.30 | 40.46K (Cr) | |
| ₹1057.60 | ₹1126.50 | ₹1057.60 | ₹1109.50 | 1.01L (Cr) |
Cigniti Technologies Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹1101.00 | ₹1218.00 | ₹1101.00 | ₹1199.00 | +8.90% | |
| ₹1092.40 | ₹1255.00 | ₹996.50 | ₹1093.60 | +0.11% | |
| ₹1600.00 | ₹1718.00 | ₹1171.30 | ₹1175.30 | -26.54% | |
| ₹1636.40 | ₹1725.00 | ₹1564.00 | ₹1617.60 | -1.15% | |
| ₹1872.00 | ₹1929.50 | ₹1616.30 | ₹1636.40 | -12.59% | |
| ₹1720.00 | ₹1873.90 | ₹1655.90 | ₹1857.30 | +7.98% | |
| ₹1516.50 | ₹1828.00 | ₹1475.70 | ₹1717.80 | +13.27% | |
| ₹1629.40 | ₹1742.00 | ₹1446.40 | ₹1512.00 | -7.21% | |
| ₹1656.70 | ₹1693.30 | ₹1462.00 | ₹1629.40 | -1.65% | |
| ₹1830.00 | ₹1866.90 | ₹1546.60 | ₹1656.70 | -9.47% | |
| ₹1590.00 | ₹1829.80 | ₹1567.10 | ₹1807.50 | +13.68% | |
| ₹1360.10 | ₹1621.90 | ₹1343.10 | ₹1589.30 | +16.85% |
AI Research Briefing
Powered by Gemini · 2026-04-10
Cigniti's fate is now tied to Coforge's integration prowess in a GenAI-disrupted testing market; execution is everything.
⚡WHAT'S HAPPENING NOW (last 2-4 weeks):
Cigniti completed the transition of its Registrar and Share Transfer Agent to MUFG Intime India Private Limited, effective April 9, 2026. This move centralizes shareholder services and streamlines processes for share transfers and dividend matters.
�� CORE STORY (THE REAL GAME):
Cigniti is now a subsidiary of Coforge, and the market is focused on the integration synergies and whether Coforge can leverage Cigniti's digital assurance capabilities to achieve its stated goal of becoming a $2 billion firm by FY27. The key narrative is about Coforge's ability to extract value from this acquisition amidst the evolving landscape of GenAI and its potential impact on the digital assurance and testing segment.
- Coforge has completed its open offer, increasing its stake in Cigniti to 32.68%
- NCLT has reserved its order regarding the proposed scheme of amalgamation with Coforge
- IT spending in India is forecasted to grow, driven by AI adoption
- Successful integration of Cigniti into Coforge
- Significant new order wins in AI-related digital assurance
- Positive commentary from Coforge management on synergy realization
- Mid-cap: Liquidity risk
- Integration risk with Coforge
- Potential disruption from GenAI on testing services
FII increased holdings slightly (Δ 0.55%) [cite: brief], suggesting some confidence, but DII decreased holdings (Δ -0.55%) [cite: brief], indicating mixed sentiment.
Indian IT sector poised for recovery driven by AI services demand, but global headwinds remain a risk.
No major news found after live search.
Free Cash Flow 5Y: ₹574.41 Cr [cite: brief] indicates decent cash generation, but needs to be sustained post-acquisition.
Cigniti's 3-6 month outlook hinges on Coforge's integration strategy and its ability to navigate the changing landscape of digital assurance. Watch for updates on synergy realization and new order wins.
Primary Thesis Risk
Coforge's misstep in integrating Cigniti and failing to adapt to GenAI disruption will obliterate the investment thesis.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Cigniti Technologies Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Shareholding Pattern
Promoter
FII
DII
Pledged
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Cigniti Technologies Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of CIGNITITEC across key market metrics for learning purposes.
Positive Indicators
10 factors identified
Strong Return on Equity (25.96%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Excellent ROCE Performance (34.09%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Attractive Valuation (P/E: 17.88 vs Industry: 33.81)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Robust Profit Growth (56.14%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Consistent Growth Track Record (18.23% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Conservative Debt Levels (D/E: 0.02)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (129.12x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹574.41 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Balanced Promoter Holding (55.04%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
1 factors identified
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Peer Comparison - IT Enabled Services
Compare Cigniti Technologies Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Cigniti Technologies LtdCigniti Technol...Selected✓ CIGNITITEC • 534758 | 63.5/100 | ₹1263.30₹1263 | ₹5101.67₹5101.67 | 17.88Average 17.9 Average | 25.96%Excellent 25.96% Excellent | 34.09%Excellent 34.09% Excellent | 0.02Excellent 0.0 Excellent | 12.67%Good 12.67% Good | 18.23%Excellent 18.23% Excellent | 0.00% |
L&T Technology Services LtdL&T Technology ... LTTS • 540115 | 56.4/100 | ₹3630.00₹3630 | ₹47130.29₹47130.29 | 36.88Average 36.9 Average | 22.16%Excellent 22.16% Excellent | 0.00%Poor 0.00% Poor | 0.10Excellent 0.1 Excellent | 0.00%Average 0.00% Average | 0.00%Average 0.00% Average | 0.00% |
65.2/100 | ₹1441.90₹1442 | ₹29262.67₹29262.67 | 47.99Average 48.0 Average | 32.87%Excellent 32.87% Excellent | 0.00%Poor 0.00% Poor | 0.34Excellent 0.3 Excellent | 0.00%Average 0.00% Average | 0.00%Average 0.00% Average | 0.00% | |
Tata Technologies LtdTata Technologi... TATATECH • 544028 | 55.6/100 | ₹586.40₹586 | ₹27600.58₹27600.58 | 39.81Average 39.8 Average | 19.91%Good 19.91% Good | 0.00%Poor 0.00% Poor | 0.07Excellent 0.1 Excellent | 0.00%Average 0.00% Average | 0.00%Average 0.00% Average | 0.00% |
Affle India LtdAffle India Ltd... AFFLE • 542752 | 66.3/100 | ₹1464.30₹1464 | ₹23851.31₹23851.31 | 56.88Average 56.9 Average | 14.03%Average 14.03% Average | 0.00%Poor 0.00% Poor | 0.01Excellent 0.0 Excellent | 0.00%Average 0.00% Average | 0.00%Average 0.00% Average | 0.00% |
Sagility India LtdSagility India ... SAGILITY • 544282 | 41.7/100 | ₹42.90₹43 | ₹23303.54₹23303.54 | 29.17Average 29.2 Average | 7.38%Poor 7.38% Poor | 0.00%Poor 0.00% Poor | 0.14Excellent 0.1 Excellent | 0.00%Average 0.00% Average | 0.00%Average 0.00% Average | 0.00% |
Netweb Technologies India LtdNetweb Technolo... NETWEB • 543945 | 60/100 | ₹3891.30₹3891 | ₹18241.54₹18241.54 | 135.28Average 135.3 Average | 23.93%Excellent 23.93% Excellent | 0.00%Poor 0.00% Poor | 0.03Excellent 0.0 Excellent | 0.00%Average 0.00% Average | 0.00%Average 0.00% Average | 0.00% |
Cyient LtdCyient Ltd... CYIENT • 532175 | 37/100 | ₹967.45₹967 | ₹12937.90₹12937.90 | 22.95Average 22.9 Average | 12.81%Average 12.81% Average | 0.00%Poor 0.00% Poor | 0.08Excellent 0.1 Excellent | 0.00%Average 0.00% Average | 0.00%Average 0.00% Average | 0.00% |
Tritax Big Box REIT plcTritax Big Box ... BBOX • 500463 | 42.7/100 | ₹531.45₹531 | ₹9185.65₹9185.65 | 33.81Average 33.8 Average | 44.23%Excellent 44.23% Excellent | 0.00%Poor 0.00% Poor | 1.15Average 1.1 Average | 0.00%Average 0.00% Average | 0.00%Average 0.00% Average | 0.00% |
Zaggle Prepaid Ocean Services LtdZaggle Prepaid ... ZAGGLE • 543985 | 62.7/100 | ₹261.42₹261 | ₹5175.87₹5175.87 | 46.50Average 46.5 Average | 9.60%Poor 9.60% Poor | 0.00%Poor 0.00% Poor | 0.01Excellent 0.0 Excellent | 0.00%Average 0.00% Average | 0.00%Average 0.00% Average | 0.00% |
Emudhra LtdEmudhra Ltd... EMUDHRA • 543533 | 69.1/100 | ₹502.10₹502 | ₹5071.85₹5071.85 | 53.38Average 53.4 Average | 12.08%Average 12.08% Average | 0.00%Poor 0.00% Poor | 0.02Excellent 0.0 Excellent | 0.00%Average 0.00% Average | 0.00%Average 0.00% Average | 0.00% |
Cigniti Technologies Ltd Financial Statements
Comprehensive financial data for Cigniti Technologies Ltd including income statement, balance sheet and cash flow
About CIGNITITEC (Cigniti Technologies Ltd)
Cigniti Technologies Ltd is a global IT services company specializing in independent software testing and quality engineering. They operate at the intersection of technology and bu...siness, ensuring software applications and digital platforms meet the rigorous standards of performance, security, and user experience demanded by today's digital landscape. Cigniti achieves this through a comprehensive suite of testing services, employing a blend of traditional methodologies and cutting-edge technologies. Their expertise spans diverse industries, enabling businesses to accelerate time-to-market, mitigate risks associated with software defects, and ultimately deliver superior digital experiences to their customers. By focusing solely on quality assurance, Cigniti provides objective and unbiased assessments, helping organizations build confidence in their software releases. Cigniti distinguishes itself by embracing emerging technologies such as artificial intelligence, machine learning, and robotic process automation to transform the testing process. These advanced tools enable them to automate repetitive tasks, detect subtle anomalies, and gain deeper insights into software behavior. Cigniti's service offerings are designed to address the entire software development lifecycle, from initial planning and design to deployment and ongoing maintenance. They offer specialized testing services tailored to specific needs, including performance testing to ensure scalability, security testing to protect against vulnerabilities, and usability testing to optimize user experience. This holistic approach ensures that software applications are not only functional but also robust, reliable, and user-friendly. Furthermore, Cigniti possesses a deep understanding of industry-specific compliance requirements and regulatory standards. They work closely with clients to ensure that their software applications adhere to these mandates, minimizing the risk of penalties and reputational damage. Cigniti's commitment to innovation and continuous improvement is evident in its investment in research and development, allowing them to stay ahead of the curve and offer cutting-edge testing solutions. Their client-centric approach fosters long-term partnerships, where they act as trusted advisors, helping businesses navigate the complexities of the digital world and achieve their quality assurance goals. Through their dedication to excellence, Cigniti empowers organizations to confidently embrace digital transformation.
Company Details
Key Leadership
Corporate Events
CIGNITITEC Share Price: Frequently Asked Questions
What is the current share price of Cigniti Technologies Ltd?
As of 20 Apr 2026, 11:04 am IST, Cigniti Technologies Ltd share price is ₹1263.30. The Cigniti Technologies Ltd stock has a market capitalisation of ₹5.10K (Cr) on NSE/BSE.
Is Cigniti Technologies Ltd share price Overvalued or Undervalued?
Cigniti Technologies Ltd share price is currently trading at a P/E ratio of 17.88x, compared to the industry average of 33.81x. Based on this relative valuation, the Cigniti Technologies Ltd stock appears to be Undervalued against its sector peers.
What is the 52-week high and low of Cigniti Technologies Ltd share price?
The 52-week high of Cigniti Technologies Ltd share price is ₹1929.50 and the 52-week low is ₹996.50. These values are updated daily from NSE/BSE price data.
What factors affect the Cigniti Technologies Ltd share price?
Key factors influencing Cigniti Technologies Ltd share price include quarterly earnings growth (Sales Growth: 13.64%), raw material costs, government spending, and institutional flows (FII/DII holding).
Is Cigniti Technologies Ltd a good stock for long-term investment?
Cigniti Technologies Ltd shows a 5-year Profit Growth of 12.67% and an ROE of 25.96%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.02 before investing in Cigniti Technologies Ltd shares.
How does Cigniti Technologies Ltd compare with its industry peers?
Cigniti Technologies Ltd competes with major peers in the IT Enabled Services. Investors should compare Cigniti Technologies Ltd share price P/E of 17.88x and ROE of 25.96% against the industry averages to determine competitive standing.
What is the P/E ratio of Cigniti Technologies Ltd and what does it mean?
Cigniti Technologies Ltd share price has a P/E ratio of 17.88x compared to the industry average of 33.81x. Investors pay ₹18 for every ₹1 of annual earnings.
How is Cigniti Technologies Ltd performing according to Bull Run's analysis?
Cigniti Technologies Ltd has a Bull Run fundamental score of 63.5/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does Cigniti Technologies Ltd belong to?
Cigniti Technologies Ltd operates in the IT Enabled Services industry. This classification helps understand the competitive landscape and sector-specific trends affecting Cigniti Technologies Ltd share price.
What is Return on Equity (ROE) and why is it important for CIGNITITEC?
CIGNITITEC has an ROE of 25.96%, which indicates excellent management efficiency. ROE measures how efficiently Cigniti Technologies Ltd generates profits from shareholders capital.
How is CIGNITITEC debt-to-equity ratio and what does it indicate?
CIGNITITEC has a debt-to-equity ratio of 0.02, which indicates conservative financing with low financial risk.
What is CIGNITITEC dividend yield and is it a good dividend stock?
CIGNITITEC offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Cigniti Technologies Ltd shares.
How has CIGNITITEC share price grown over the past 5 years?
CIGNITITEC has achieved 5-year growth rates of: Sales Growth 18.23%, Profit Growth 12.67%, and EPS Growth 13.04%.
What is the promoter holding in CIGNITITEC and why does it matter?
Promoters hold 55.04% of CIGNITITEC shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Cigniti Technologies Ltd.
What is CIGNITITEC market capitalisation category?
CIGNITITEC has a market capitalisation of ₹5102 crores, placing it in the Mid-cap category.
How volatile is CIGNITITEC stock?
CIGNITITEC has a beta of N/A. A beta > 1 suggests the Cigniti Technologies Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is CIGNITITEC operating profit margin trend?
CIGNITITEC has a 5-year average Operating Profit Margin (OPM) of 13.44%, indicating the company's operational efficiency.
How is CIGNITITEC quarterly performance?
Recent quarterly performance shows Cigniti Technologies Ltd YoY Sales Growth of 13.64% and YoY Profit Growth of 56.14%.
What is the institutional holding pattern in CIGNITITEC?
CIGNITITEC has FII holding of 11.88% and DII holding of 7.68%. Significant institutional holding often suggests professional confidence in the Cigniti Technologies Ltd stock.