Sify Technologies Limited (:SIFY) traded today at a new 52-week high of $4.68. This new high was reached on above average trading volume as 4.3 million shares traded hands, while the average 30-day volume is approximately 3.2 million shares.
Sify Technologies Ltd is a provider of corporate network services in India. The firm is also the fifth Internet access provider in the country. Sify controls the network of franchised cybercafes in India and owns several popular Internet portals, one of which–Sify.com–is among India’s top 10 sites in terms of traffic. The firm’s revenue is derived from segment services to enterprise customers, comprising Network services, Data Center services, Cloud and Managed Services, Technology Integration Services, and Applications Integration services. The Group has two geographic segments India and the rest of the world.
Sify Technologies Limited share prices have moved between a 52-week high of $4.68 and a 52-week low of $0.56 and are now trading 694% above that low price at $4.47 per share.
Sify Technologies Limited (:SIFY) is currently priced 61.2% above its average consensus analyst price target of $1.74.
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