ValuEngine upgraded shares of Sify Technologies Limited (NASDAQ:SIFY) from a sell rating to a hold rating in a research note released on Friday.

Sify Technologies Limited (NASDAQ SIFY) traded up 5.88% on Friday, hitting $1.08. The company’s stock had a trading volume of 190,736 shares. The company has a 50 day moving average price of $0.86 and a 200-day moving average price of $0.84. The company has a market capitalization of $162.44 million, a P/E ratio of 15.00 and a beta of 1.66. Sify Technologies Limited has a 1-year low of $0.69 and a 1-year high of $1.15.

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Sify Technologies Limited Company Profile

Sify Technologies Limited (Sify) is an integrated information and communications technology (ICT) solutions and services company. The Company’s segments are Telecom services, which includes domestic data, international data wholesale voice and network managed services; Data Centre services, which includes co-location services; Cloud and managed services, which includes information technology (IT) infra services, IT transformation services, remote and onsite infrastructure managed services and delivery platforms; Technology integration services, which includes data center build, network integration, information security, end-user computing, and collaborative tools and solutions, and Applications integration services, which includes application development and maintenance, application testing, mobility solutions, e-learning, portals, tools, process and automation.

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