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Sify Technologies ( (SIFY) ) has issued an announcement.
On May 15, 2025, Dr. Ajay Kumar resigned from the Board of Directors of Sify Technologies Limited, where he served as an independent director and held key roles in the Audit and Compensation/Nomination and Remuneration Committees. His resignation, which was not due to any disagreement with the company, comes as he assumes the position of Chairman of the Union Public Service Commission. The Board is currently assessing candidates to fill the vacancy left by Dr. Kumar.
Spark’s Take on SIFY Stock
According to Spark, TipRanks’ AI Analyst, SIFY is a Neutral.
Sify Technologies’ stock is supported by strong technical momentum and robust revenue growth. However, declining profitability and the absence of valuation benchmarks pose challenges. The earnings call provided a balanced outlook, with strategic growth initiatives being offset by current financial losses. Overall, the stock reflects potential amidst operational and financial challenges.
To see Spark’s full report on SIFY stock, click here.
More about Sify Technologies
Sify Technologies Limited operates in the technology sector, focusing on providing integrated ICT solutions and services. The company is known for its comprehensive range of services including data center services, cloud and managed services, network services, digital services, and technology integration services, primarily targeting businesses in India and other global markets.
Average Trading Volume: 58,301
Technical Sentiment Signal: Sell
Current Market Cap: $345.2M
Learn more about SIFY stock on TipRanks’ Stock Analysis page.