How to Buy Sify Technologies Stock
Sify Technologies Ltd
Sify Technologies Limited provides integrated ICT solutions and services in India and internationally. It operates through Network Centric Services, Data Center Services, and Digital Services segments.
Sify Technologies stock last closed at $1.23, down 1.6% from the previous day, and has decreased 14.29% in one year. It has overperformed other stocks in the Telecom Services industry by 0.07 percentage points. Sify Technologies stock is currently +15.49% from its 52-week low of $1.07, and -63.5% from its 52-week high of $3.37.
As of Apr 18, 2024, there are 182.9M shares of SIFY outstanding. The market value of SIFY is $224.97M. In the past 24 hours, 25,459 SIFY shares were traded.
How to Buy Sify Technologies Stock
Wondering how to invest in Sify Technologies stock? Here's how.
- Figure out where to buy Sify Technologies stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Sify Technologies stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Choose your payment method and add your information.
- Research Sify Technologies stock: The Sify Technologies ticker symbol is SIFY. Is Sify Technologies stock a good investment? Should you buy shares of SIFY? How do SIFY's underlying business fundamentals look? Do top analysts think Sify Technologies is a good buy? Why has SIFY's stock price moved recently? (Hint: Our stock research website can help you decide if SIFY is a good stock to buy).
- Execute your SIFY trade: Decide if you will purchase SIFY shares at the current market price or use a limit order to purchase SIFY stock at a specific price.
- Get updates on your SIFY investment: Create a watchlist to the latest updates on your investment in Sify Technologies shares.
Step 1: Figure out where to buy Sify Technologies stock
You will need a brokerage account to access the NASDAQ market and buy SIFY stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can invest in SIFY today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new trading account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have created your account on one of the most highly reviewed stock market apps, you can securely and quickly fund your account:
Watch the video below for more details depositing money into your new brokerage account.
Step 4: Research Sify Technologies stock
Once you have figured out the best place to buy Sify Technologies stock, it's very important to evaluate their stock before you buy, so you can comprehend the risk as well as the opportunity.
Sify Technologies stock quick numbers
Sify Technologies Zen Score
WallStreetZen was built to help average investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on SIFY's stock page.
What is the fair value of SIFY stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SIFY's fair value.
Using relative valuations measures:
- SIFY may be undervalued based on its P/E ratio of 58.57x, relative to Telecom Services industry P/E ratio of 105.84x
- SIFY may be undervalued based on its P/B ratio of 0.85x, relative to Telecom Services industry P/B ratio of 1.55x
You can do more valuation research on SIFY's stock here.
SIFY Financial Health Overview
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the SIFY balance sheet.
- SIFY has $91.01M in cash and short term investments. This is enough to cover its annual cash burn of $51.77M.
- There are more short-term assets than short-term liabilities on the SIFY balance sheet.
- SIFY has cash burn of 51768994. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- SIFY has a relatively high debt to equity ratio of 2.11.
- SIFY profit margin has gone down from 3.3% to 0.9% in the past year.
- Total SIFY debt is higher than 5 years ago, relative to shareholder equity.
You can dig deeper into what analysts are saying on the Sify Technologies stock forecast page.
SIFY Technicals
SIFY Performance Numbers
Last year, SIFY earnings were $3.81M. In the last five year, SIFY's earnings have increased by -25.58% per year. This was slower than the Telecom Services industry average of 7.85%.
Last year, SIFY revenue was $421.58M. During the last 5 year, SIFY's revenue has grown by 7.32% per year. This was faster than the Telecom Services industry average of 3.38%.
You can research SIFY's earnings and revenue performance here.
What are SIFY insiders up to?
Over the past 12 months, insiders at SIFY have not bought or sold any shares.
Research more about who owns SIFY shares here.
Can I rely on SIFY as an income stream?
No, Sify Technologies doesn't provide an income stream by paying out dividends.
What do other investors have to say about SIFY?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your SIFY trade
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you want more help with buying stocks on eToro, click the how to video below:
Step 6: Get updates on your SIFY investment
Now that you own some shares in SIFY, you'll want to stay up-to-date on your new investment.
Add SIFY to a watchlist to track the latest developments regarding your SIFY stock.
SIFY Feed
How to Buy Stock in Sify Technologies
To reiterate, here are the 6 steps to buy stock in Sify Technologies:
- Figure out where to buy Sify Technologies stock
- Create your brokerage account
- Put funds into your investment account
- Research Sify Technologies stock
- Execute your SIFY trade
- Get updates on your SIFY investment
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Sify Technologies, click the button below.
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