Sify Technologies Limited (NASDAQ:SIFY) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Friday.

Shares of Sify Technologies Limited (SIFY) traded up 5.88% during mid-day trading on Friday, hitting $1.08. 190,736 shares of the stock traded hands. Sify Technologies Limited has a 12 month low of $0.69 and a 12 month high of $1.15. The firm has a 50 day moving average of $0.86 and a 200 day moving average of $0.84. The company has a market cap of $162.44 million, a P/E ratio of 15.00 and a beta of 1.66.

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About Sify Technologies Limited

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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