Sigma Solve Ltd is a leading IT services company that offers innovative solutions in areas such as software development, cloud computing, and digital transformation. The company focuses on delivering customized, high-quality solutions to help businesses enhance their operations and achieve sustainable growth. Sigma Solve Share Price on NSE as of 5 December 2024 is 370.55 INR. Here will provide you more details on Sigma Solve Share Price Target 2024, 2025, 2026 to 2030.
Sigma Solve Ltd: Market Overview
- Open Price: ₹372.10
- High Price: ₹380.00
- Low Price: ₹363.00
- Previous Close: ₹366.65
- Volume: 23,360
- Value (Lacs): ₹86.79
- VWAP: ₹373.90
- UC Limit: ₹439.95
- LC Limit: ₹293.35
- P/E ratio: 21.22
- Div yield: 0.13%
- 52-wk high: ₹515.00
- 52-wk low: ₹302.10
- Mkt cap: ₹380.72Cr
- Face Value: ₹10
Sigma Solve Ltd Competitors
As of December 5, 2024, Sigma Solve Ltd has a market capitalization of approximately ₹390 crore. Here are four competitors in the IT services and consulting sector, along with their market capitalizations:
- Tata Consultancy Services (TCS): A leading global IT services and consulting firm, with a market capitalization of around ₹16,15,132 crore.
- Infosys Ltd: A multinational corporation providing IT consulting and services, with a market capitalization of approximately ₹8,03,397 crore.
- HCL Technologies Ltd: An IT services and consulting company, with a market capitalization of about ₹5,22,109 crore.
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Wipro Ltd: A global information technology, consulting, and business process services company, with a market capitalization of around ₹3,13,193 crore.
Sigma Solve Share Price Chart
Sigma Solve Share Price Target Tomorrow 2024 To 2030
Sigma Solve Share Price Target Years | Share Price Target |
2024 | ₹515 |
2025 | ₹610 |
2026 | ₹712 |
2027 | ₹808 |
2028 | ₹915 |
2029 | ₹1005 |
2030 | ₹1092 |
Sigma Solve Share Price Target 2024
Sigma Solve share price target 2024 Expected target could be ₹515. Here are four key factors that could affect the growth of Sigma Solve Ltd share price target for 2024:
- Expansion of Client Base: Growth in Sigma Solve’s domestic and international client base, particularly in the U.S. and Europe, could drive revenue and boost investor confidence in 2024.
- Adoption of Emerging Technologies: The company’s focus on incorporating AI, cloud computing, and digital transformation solutions may attract new contracts and create a competitive edge in the IT services market.
- Economic Stability and IT Spending: Stable global economic conditions and increased IT spending by businesses in key markets will positively influence the company’s financial performance.
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Effective Cost Management: Optimizing operational costs and improving margins will help the company enhance profitability, contributing to favorable share price movements.
Sigma Solve Share Price Target 2025
Sigma Solve share price target 2025 Expected target could be ₹610. Here are four risks and challenges that could impact Sigma Solve Ltd share price target for 2025:
- Intense Competition: Sigma Solve operates in a highly competitive IT services market, facing challenges from established players with larger resources and market presence.
- Dependence on Key Markets: Over-reliance on specific regions like the U.S. for revenue growth may pose risks if there are economic slowdowns or regulatory changes in those markets.
- Technological Disruption: Rapid changes in technology may require continuous investment in innovation. Failure to keep pace could impact the company’s relevance and competitiveness.
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Talent Retention Issues: Retaining skilled professionals in a competitive job market can be challenging, leading to higher costs and potential disruptions in service delivery.
Sigma Solve Share Price Target 2030
Sigma Solve share price target 2030 Expected target could be ₹1092. Here are four risks and challenges that could impact Sigma Solve Ltd share price target for 2030:
- Global Economic Uncertainty: Long-term economic fluctuations or geopolitical instability could affect client spending on IT services, impacting Sigma Solve’s revenue growth.
- Evolving Client Needs: As businesses increasingly adopt advanced technologies like AI and blockchain, Sigma Solve must consistently innovate to meet evolving client demands. Failure to do so may lead to client attrition.
- Saturation in Core Markets: Over-dependence on mature markets may limit growth opportunities if those markets become saturated or if competitors gain an advantage.
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Cybersecurity Threats: Rising cyber risks and data breaches could harm the company’s reputation, result in legal liabilities, and deter potential clients, posing a significant challenge to sustainable growth.
Sigma Solve Ltd Shareholding Pattern
- Promoters: 73.22%
- Retail and others: 26.78%
Sigma Solve Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 650.55M | 16.50% |
Operating expense | 79.46M | 9.36% |
Net income | 161.37M | 37.16% |
Net profit margin | 24.81 | 17.75% |
Earnings per share | — | — |
EBITDA | 230.78M | 1.90% |
Effective tax rate | 23.34% | — |
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