Saksoft Ltd’s current share price is ₹295.20, reflecting a market capitalization of approximately ₹3,408 crore. Over the past year, Saksoft’s share price has fluctuated between a high of ₹402.20 and a low of ₹209.95. With a price-to-earnings (P/E) ratio of 35.29, the Saksoft share price appears slightly overvalued compared to industry averages. Despite this, Saksoft has shown impressive financial performance with a profit growth rate of 21.4% CAGR over the last five years and a return on equity (ROE) of 19.03%. The company operates in the IT sector, focusing on digital transformation solutions for mid-tier companies in the USA and UK.
Saksoft Share Price: Key Financial Metrics
| Metric | Value |
|---|---|
| Current Share Price | ₹295.20 |
| Market Cap | ₹3,408 crore |
| High (1 Year) | ₹402.20 |
| Low (1 Year) | ₹209.95 |
| P/E Ratio | 35.29 |
| ROE | 19.03% |
| Dividend Yield | 0.25% |
| Debt to Equity Ratio | 0.05 |
Latest Update on Saksoft Share Price
What: The Saksoft share price is currently ₹295.20.
When: This Saksoft share price reflects the data from September 12, 2024.
Where: The Saksoft share price data is available on the Bombay Stock Exchange (BSE: 590051) and the National Stock Exchange (NSE: SAKSOFT).
Who: Saksoft Ltd was founded in 1999 by Autar Krishna and is currently managed by his son, Mr. Aditya Krishna.
Whom: The company primarily serves mid-tier companies in the USA and UK.
Whose: These financial performance metrics pertain to Saksoft Ltd.
Why: The Saksoft share price is influenced by the company’s focus on digital transformation and data management solutions.
Whether: While the Saksoft share price has shown positive growth trends, recent fluctuations suggest a need for careful analysis.
How: Investors can evaluate the Saksoft share price through financial ratios such as the P/E ratio, ROE, and dividend yield.
Performance Insights for Saksoft Share Price
- Profit Growth: The Saksoft share price reflects a company with a compounded annual growth rate (CAGR) of 21.4% over the past five years, showcasing strong performance.
- Sales Growth: The Saksoft share price indicates a revenue growth rate of 7.48%, suggesting steady but modest expansion.
- Market Sentiment: Despite recent fluctuations, the Saksoft share price has historically delivered positive returns, particularly in September, with an average positive change of 14.90%.
Conclusion on Saksoft Share Price
The Saksoft share price presents an intriguing investment opportunity within the IT sector, particularly for those interested in digital transformation solutions. However, potential investors should thoroughly research and consider Saksoft’s financial metrics and market conditions before making any investment decisions.
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