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 $11.22, up 1.36% from the previous day, and has increased 227.11% in one year. It has overperformed other stocks in the Telecom Services industry by 2.46 percentage points. Sify Technologies stock is currently +300.71% from its 52-week low of $2.80, and -37.14% from its 52-week high of $17.85.
There are currently 434.47M SIFY shares outstanding. The market cap of SIFY is $814.09M. In the past 24 hours, 63,000 SIFY shares were traded.
How to Buy Sify Technologies Stock
Not sure how to invest in Sify Technologies stock? Here's how.
- Figure out where to buy Sify Technologies stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Sify Technologies stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Select 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 market research tools 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 monitor your position in Sify Technologies shares.
Step 1: Figure out where to buy Sify Technologies stock
You will need an online brokerage account to access the NASDAQ market and buy SIFY stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, you need to fill out some personal info so you are able to buy SIFY stock 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 details to open a new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have opened your account on mobile trading apps, you can securely and quickly fund your account:
Watch this video walkthrough if you need help transferring money into your brokerage account.
Step 4: Research Sify Technologies stock
Once you have identified the best place to buy Sify Technologies stock, it's very important to analyze their stock before you buy, so you truly understand the risk as well as the opportunity.
Sify Technologies stock at a glance
Sify Technologies Fundamentals
WallStreetZen was designed to help part-time investors perform better fundamental analysis.
You can see all of the due diligence checks on SIFY's stock page.
What is the fair value of SIFY stock?
You can use many financial metrics, analyses, models, and charts to gauge SIFY's fair value.
Using relative valuations metrics:
- SIFY may be overvalued based on its P/B ratio of 3.67x, relative to Telecom Services industry P/B ratio of 1.7x
You can do more valuation research on SIFY's stock here.
How do SIFY Financials look?
Passed Health Checks:
- SIFY's operating cash flow of $153.32M allows it to safely service it's debt of $437.11M.
Failed Health Checks:
- Total SIFY debt is higher than 5 years ago, relative to shareholder equity.
- SIFY has a relatively high debt to equity ratio of 3.26.
- SIFY profit margin has gone down from 0.5% to -3.6% in the past year.
- SIFY earnings of $25.98M is not sufficient to cover its interest payments.
- There are more short-term liabilities than short-term assets on the SIFY balance sheet.
- There are more long-term liabilities than short-term assets on the SIFY balance sheet.
You can dive deeper into what analysts are saying on the Sify Technologies stock forecast page.
SIFY Technical Indicators
SIFY Performance Metrics
Last year, SIFY revenue was $471.03M. Over the last 5 year, SIFY's revenue has increased by 8.54% per year. This was faster than the Telecom Services industry average of 2.16%.
You can research SIFY's earnings and revenue performance here.
Who is buying/selling SIFY?
In the past year, insiders at SIFY have not bought or sold any shares.
Learn more about who owns SIFY shares here.
Does SIFY provide a stable income stream?
No, Sify Technologies doesn't provide an income stream by paying out dividends.
SIFY Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your SIFY trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, use a limit order.
Click the Open Trade button and your broker will place your order.
If you want more assistance buying stocks on eToro, click the helpful video below:
Step 6: Get updates on your SIFY investment
Now that you own some SIFY stock, you'll want to stay up-to-date on your investment.
Make a watchlist to monitor your SIFY stock.
SIFY Feed
How to Buy Stock in Sify Technologies
To reiterate, here are the 6 steps for buying Sify Technologies stock:
- 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 need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Sify Technologies, create a watchlist today.
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