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Sify Technologies ( (SIFY) ) has issued an update.
On July 16, 2025, Sify Technologies announced a change in the depositary for its American Depositary Receipt (ADR) program, appointing JPMorgan Chase Bank as the successor, effective July 23, 2025. This strategic move involves an amended deposit agreement and aims to enhance the company’s ADR program management. The transition is seamless for ADR holders, who need not take any action, as JPMorgan will communicate the change. This development underscores Sify’s commitment to optimizing its financial operations and maintaining strong partnerships with global financial leaders.
Spark’s Take on SIFY Stock
According to Spark, TipRanks’ AI Analyst, SIFY is a Neutral.
Sify Technologies’ stock score reflects robust revenue growth and strategic expansion efforts, tempered by financial challenges such as increased leverage and net losses. Technical indicators show a positive short-term trend, but the absence of valuation metrics limits a comprehensive assessment.
To see Spark’s full report on SIFY stock, click here.
More about Sify Technologies
Sify Technologies Limited is India’s leading provider of Digital ICT solutions with global service capabilities in Data Center, Cloud, Networks, Security, and Digital services. The company focuses on the ICT needs of the emerging digital economy, catering to businesses of all sizes. Sify has a robust infrastructure with state-of-the-art Data Centers and the largest MPLS network, serving over 10,000 businesses across multiple verticals from more than 1,700 cities in India, and has international presence in North America, the UK, UAE, and Singapore.
Average Trading Volume: 47,555
Technical Sentiment Signal: Sell
Current Market Cap: $346.6M
For an in-depth examination of SIFY stock, go to TipRanks’ Overview page.