Buy Cigniti Tech; target of Rs 480: Firstcall

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26 Aug, 2025 12:21

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Firstcall's research report on Cigniti TechCigniti Technologies Ltd, Global Leaders in Independent Software Testing Services, is headquartered at Hyderabad, India. Cigniti’s 2000+ experts are spread across US, UK, India, Australia, and Canada. Cigniti is the world’s first Independent Software Testing Services Company to be appraised at CMMI-SVC v1.3, Maturity Level 5. Cigniti’s 18 test offerings include services in Quality Engineering, Advisory & Transformation, Next Generation Testing, and Core Testing. With over a decade of experience in serving several Fortune 500 enterprises, Cigniti has translated its ideas into SMART Tools™ to accelerate test efforts. Cigniti has cutting edge testing labs in the areas of Enterprise Mobility, Cloud enabled Performance engineering, Robotics, IoT & Smart Meters. Leading Analysts like Gartner, Forrester, NelsonHall, Everest, Frost & Sullivan, and Forbes have recognized, awarded & commended Cigniti for its leadership and growth in the independent software testing services space. Cigniti is the world’s first Independent Software Testing Services Company to be rated at CMMI SVC1.3 maturity level 3 and is an ISO 27001:2005 certified organization. Cigniti has India's first of its kind Robotics Test Lab, HP co-branded mobile test lab and a world class performance test lab. Cigniti has strategic alliances with the leading product, tool and technology vendors. Recognized as a leader in IP led testing services by industry analysts, Cigniti Technologies has been ranked as a Leader in Software Testing by NelsonHall, the leading global IT outsourcing analyst firm. NelsonHall ranked Cigniti Technologies as a Leader in all three market segments it analyzed i.e. Overall, Efficiency Clients and Transformation-Focused Clients. Gartner has recognized and listed Cigniti as a Pure-Play Testing services provider with multi domain skills. Cigniti was also recently mentioned by Forbes in Asia’s 200 best under billion companies and is also the recipient of the prestigious Frost and Sullivan Customer Value Leadership Award for Global Automated Software Testing Services - 2014. The company witnessed tremendous increase in adoption of digital transformation, and digital assurance will play a key role in this year 2016. We recommend ‘BUY’ in this particular scrip with a target price of Rs. 480.00 for Medium to Long term investment. For all recommendations, click here Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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