Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from Satin Creditcare Network Ltd ( (IN:SATIN) ).
Satin Creditcare Network Ltd, through its wholly owned subsidiary Satin Technologies Ltd, has agreed to acquire up to 76.40% of IIT-incubated deep-tech cybersecurity startup QTrino Labs Private Limited, which develops cost-effective, quantum-safe security solutions for enterprises and government institutions. The deal, to be executed in multiple tranches and resulting in QTrino becoming a subsidiary, marks Satin’s strategic entry into the technology-driven cybersecurity space, broadening its business footprint, strengthening its solution stack, and enhancing the technology resilience of the group as it positions itself within India’s fast-growing digital security ecosystem.
More about Satin Creditcare Network Ltd
Satin Creditcare Network Ltd is a Gurugram-based financial services group that has been increasingly focusing on technology-led solutions to strengthen its operations and resilience. Through its wholly owned subsidiary Satin Technologies Ltd, the group is expanding into advanced technology domains to complement its core financial and inclusive growth strategy, with an eye on building digitally empowered and resilient offerings for enterprises and institutions.
Average Trading Volume: 6,556
Technical Sentiment Signal: Sell
Current Market Cap: 16.62B INR
For detailed information about SATIN stock, go to TipRanks’ Stock Analysis page.