Sify Technologies traded at $15.73 this Friday May 15th, decreasing $0.74 or 4.49 percent since the previous trading session. Looking back, over the last four weeks, Sify Technologies lost 14.99 percent. Over the last 12 months, its price rose by 241.21 percent. Looking ahead, we forecast Sify Technologies to be priced at 15.39 by the end of this quarter and at 14.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
Sify Technologies Limited (Sify) is an integrated information and communications technology (ICT) solutions and services company. The Company's segments are Telecom services, which includes domestic data, international data wholesale voice and network managed services; Data Centre services, which includes co-location services; Cloud and managed services, which includes information technology (IT) infra services, IT transformation services, remote and onsite infrastructure managed services and delivery platforms; Technology integration services, which includes data center build, network integration, information security, end-user computing, and collaborative tools and solutions, and Applications integration services, which includes application development and maintenance, application testing, mobility solutions, e-learning, portals, tools, process and automation. The Company has approximately six Tier III data centers across various geographical locations in India.