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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 $1.29, down 4.44% from the previous day, and has decreased 56.71% in one year. It has underperformed other stocks in the Telecom Services industry by 0.18 percentage points. Sify Technologies stock is currently +22.86% from its 52-week low of $1.05, and -59.43% from its 52-week high of $3.18.

As of Mar 17, 2023, there are 182.74M shares of SIFY outstanding. The market value of SIFY is $235.74M. In the past 24 hours, 45,468 SIFY shares were traded.

How to Buy Sify Technologies Stock

Wondering how to invest in Sify Technologies stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Choose your payment method and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  1. Click here to get started.
  2. Input your personal data to start a new trading account.
  1. Submit your data by clicking the "Create Account" button.
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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.

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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 Price
$1.29
1w %
-4.44%
1y %
-56.71%
5y %
-41.1%
P/E
20.16x
P/B
1.29x
P/S
0.65x
PEG
0.44x
Revenue
$360.84M
Earnings
$11.78M
Fore. Rev. Growth
38.59%
Fore. Earn. Growth
56.25%
Market Cap
$235.74M
Next Earnings
Apr 17, 2023
Next Dividend
N/A

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 20.16x, relative to Telecom Services industry P/E ratio of 99.05x
  • SIFY may be undervalued based on its P/B ratio of 1.29x, relative to Telecom Services industry P/B ratio of 1.66x
  • SIFY may be undervalued based on its PEG ratio of 0.44x

You can do more valuation research on SIFY's stock here.

SIFY Financial Health Overview

Passed Health Checks:

  • SIFY has cash burn of 33442872. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the SIFY balance sheet.

Failed Health Checks:

  • SIFY has $34.22M in cash and short term investments. This is not enough to cover its annual cash burn of $33.44M.
  • There are more short-term liabilities than short-term assets on the SIFY balance sheet.
  • SIFY profit margin has gone down from 6.7% to 3.3% in the past year.
  • SIFY has a relatively high debt to equity ratio of 2.48.
  • Total SIFY debt is higher than 5 years ago, relative to shareholder equity.

You can dive deeper into what analysts are forecasting on the Sify Technologies stock forecast page.

SIFY Momentum

SMA10
1.35
SMA20
1.46
SMA50
1.64
SMA100
1.52
SMA200
1.78
MACD
-0.09
MACD Signal
-0.08
MACD Histogram
-0.01
RSI
32.35
Stochastic %K
14.14
Stochastic %D
12.95
StochRSI %K
37.44
StochRSI %D
25.09

How is SIFY performing as a company?

Last year, SIFY earnings were $11.78M. During the last five year, SIFY's earnings have increased by -3.38% per year. This was slower than the Telecom Services industry average of -1.12%.

Last year, SIFY revenue was $360.84M. During the past 5 year, SIFY's revenue has increased by 4.01% per year. This was faster than the Telecom Services industry average of -3.44%.

Dive into SIFY's earnings and revenue performance here.

Latest Insiders Trades at SIFY

In the past 12 months, executives and large shareholders at SIFY have not bought or sold any shares.

Get more info 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.

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Step 5: Execute your SIFY trade

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually fine.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount limit, use a limit order.

Hit the Open Trade button and your broker will place the order.

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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 company.

Make a watchlist to track the latest developments regarding your SIFY stock.

SIFY Feed

How to Buy Stock in Sify Technologies

To summarize, here are the 6 steps to buy stock in Sify Technologies:

  1. Figure out where to buy Sify Technologies stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Research Sify Technologies stock
  5. Execute your SIFY trade
  6. Get updates on your SIFY investment

If you require a brokerage account, eToro is our recommended venue.

Get Started with eToro Today

If you would like to keep an eye on your new investment in Sify Technologies, click below.

NASDAQ: SIFY
$1.29-0.06 (-4.44%)
Updated Mar 17, 2023
Open eToro Account
NASDAQ: SIFY
$1.29-0.06 (-4.44%)
Updated Mar 17, 2023
Open eToro Account

FAQ

How much does it cost to buy one Sify Technologies share?

As of Mar 17, 2023, it costs $1.29 to buy one share of Sify Technologies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.65, you can buy 0.5 shares of SIFY.

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What is the best way to buy Sify Technologies stock?

One way to place an order for Sify Technologies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.