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Sigma Solve Ltd share Price Today

Company details

350.00
369.95
171.80
570.00
6M Return -18.87%
1Y Return 88.15%
Mkt Cap.(Cr) 366.99
Volume 13,210
Div Yield 0.14%
OI
-
OI Chg %
-
Volume 13,210

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Sigma Solve Ltd shares SWOT Analysis

Strengths (7)

  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)

Weakness (3)

  • MACD Crossover Below Signal Line
  • Declining Net Cash Flow : Companies not able to generate net cash
  • Weak Momentum: Price below Short, Medium and Long Term Averages

Opportunity (1)

  • Highest Recovery from 52 Week Low

Threats (3)

  • Companies with growing costs YoY for long term projects
  • High PE (PE > 40)
  • RSI indicating price weakness

Resistance and support

R1 368.9
R2 377.7
R3 383.1
Pivot

363.47

S1 354.6
S2 349.2
S3 340.4
EMA SMA
391.6
417.8
430.5
409.3
391.6
428.4
448.5
435.5
Delivery and volume
Name Category Shares
Daksha Harshadbhai Zaverchand PROMOTER 31.62%
Prakash Ratilal Parikh PROMOTER 20.8%
Kalpana Prakashbhai Parikh PROMOTER 20.78%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Sigma Solve Ltd Stocks COMPARISON

Financials( in Cr) Sigma Solve Ltd Tata Consultancy Services Ltd Infosys Ltd HCL Technologies Ltd Wipro Ltd
Price 357.10 3,886.10 1,505.00 1,544.60 480.95
% Change -0.82 1.18 1.43 -0.10 1.83
Mcap Cr 366.99 1,406,025.18 624,642.42 419,152.70 251,267.61
Revenue TTM Cr 55.45 225,458.00 146,767.00 101,456.00 90,487.60
Net Profit TTM Cr 15.28 42,303.00 24,108.00 14,845.00 11,366.50
PE TTM 22.46 30.46 25.26 26.75 21.86
1 Year Return 88.15 24.46 8.36 46.89 33.13
ROCE 75.76 58.04 44.36 27.62 17.11
ROE 53.51 47.26 36.42 23.32 15.89
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 34.18 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 30,755.54 31,723.05
LAST 3M 69,913.40 26,515.65
LAST 6M 130,081.93 60,306.69
LAST 12M 189,259.39 205,003.99

Sigma Solve Ltd Information

Stock PE (TTM)
22.46
Promoter Holding
73.22%
Book Value
41.1314
ROCE
75.76%
ROE
53.51%
Description
  • The Company was incorporated as "Sigma Solve IT Tech Private Limited" at Ahmedabad on April 29, 2010, under provisions of Companies Act, 1956 vide Certificate of Incorporation issued by the Assistant Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Later on, name of the Company was changed to "Presha Software Private Limited" and Certificate of Incorporation pursuant to change of name was issued by the Assistant Registrar of Companies, Registrar of Companies, Ahmedabad on February 18, 2017. Again, name of the Company changed to "Sigma Solve Private Limited" and Certificate of Incorporation pursuant to change of name was issued by the Registrar of Companies, RoC-Ahmedabad on March 7, 2019. Consequent upon the conversion of Company from Private Limited Company to Public Limited Company, name of the Company was changed to "Sigma Solve Limited" and fresh Certificate of Incorporation consequent upon the conversion from Private Limited Company to Public Limited Company was issued by the Registrar of Companies, RoC - Ahmedabad on June 17, 2019. The Promoter Mr. Prakash Parikh commenced the Company in 2010 to provide the IT and IT enabled services and accelerate the business opportunities of Sigma Solve Inc., a Florida (USA) based IT Company originally floated as LLC jointly owned by Mr. Biren Zaverchand and Mr. Prerak Parikh, who is son- in- law and son respectively of the promoters. Since incorporation, the Company and Sigma Solve Inc. jointly makes efforts to acquire the business opportunities and execute the work respectively. The subsidiary company "Sigma" and "Sigma Solve Inc." now effective from October 23, 2019 having their offices at Florida (USA), Atlanta (Home Office), Australia (Home Office) jointly makes efforts for new business acquisitions. Operation is controlled from the registered office situated at Ahmedabad, (Gujarat) India. The Company`s 100% of the revenue is from export of services, and to provide hassle free payment facilities to clients, the Company channelize payment through Sigma Solve Inc., having their presence in Florida (USA), Atlanta (Home Office) and Australia (Home Office). The Company do not have any identified customers being almost 100% of sales is booked by Sigma Solve Inc., and subsequently, the Company "Sigma" is charging on monthly basis to Sigma Solve Inc. for providing the execution facilities on per man hour basis in conjunction with efficiency level achieved on monthly basis. Moreover, the Company "Sigma" also occasionally serves directly to clients. The Company "Sigma" and "Sigma Solve Inc. are jointly offering enterprise software development. They offer turnkey consultancy services to customers in their business domain. In association with group entity "Sigma Solve" provide services related to Web & E-commerce Development, Real Time Application development, Business Intelligence Analytics, CRM Development, Digital Marketing, UI & UX Design, Automation Testing and Quality Assurance. The Company endeavors to bring creativity and knowledge with positive business strategy and furnish requirements of diverse clients with an inclusive range of services which are comprehensive and cost effective. The Company delivers services across all stages of the product lifecycle, which enables to work with a wide-range of customers and allows to develop, enhance and deploy customers` software products. The Company have been successful in augmenting portfolio of solutions over time for computers, laptops and mobile software solutions. It take regular feedback from user base which enables to understand the needs of users better and helps to innovate and design improved solutions. The sales and marketing activities benefit from word-of-mouth recommendations from user network to create a viral marketing effect, which is amplified by the speed, ease of use and quality of solutions, and allows to gain new customers at a low acquisition cost. The Company invested significantly in equipping technical team with requisite infrastructure and technology. It constantly endeavors to improve technical process, and increase service activities to optimize the utilization of resources. The Company has invested significant resources, and intend to further invest in activities to develop customized systems and processes to ensure effective management control. The Company analyzes existing policies for technical and designing process to identify the areas of bottlenecks and correct the same. This helps in improving efficiency and putting resources to optimal use. The proliferation of Smartphone/ mobile devices has created a diverse computing environment for users. The Company, explored and continue to explore opportunities independently to provide application and software to user efficient performance of their tasks in computers, laptops and mobiles.

Registered Address

305-308 3rdFlr Alpha MegaconeH, Opp Armieda Sindhu Bhavan Road, Ahmedabad, Gujarat, 380054

Tel : 91-79-2970 8387
Email : compliance:sigmasolve.net
Website : http://www.sigmasolve.in
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543917
NSE Code : SIGMA
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE0A0S01010

FAQ’s on Sigma Solve Ltd Shares

You can buy Sigma Solve Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Sigma Solve Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 03:04 PM the closing price of Sigma Solve Ltd was ₹ 357.10.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 03:04 PM, the market cap of Sigma Solve Ltd stood at ₹ 366.99.

The latest PE ratio of Sigma Solve Ltd as of Mar 28, 2024 03:04 PM is 22.46

The latest PB ratio of Sigma Solve Ltd as of Mar 28, 2024 03:04 PM is 0.11

The 52-week high of Sigma Solve Ltd share price is ₹ 570.00 while the 52-week low is ₹ 171.80

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