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Resistance/Support
Delivery and Volume
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Management
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Sasken Technologies Ltd Performance

Today's Low
1,518.05
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Today's High
1,567.20
52 Wk Low
809.65
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52 Wk High
1,834.00


Open

1536.5

Traded Value (Cr)

1.91 Cr

Prev. Close

1538.55

VWAP

1575.12

Volume

30,022

Face Value

10

Sasken Technologies Ltd Fundamentals

Market Cap
₹ 2,318 Cr
P/E Ratio (TTM)
29.45
P/B Ratio
3.02
Debt to Equity
0.01
ROE
10.24 %
EPS (TTM)
52.21
Dividend Yield
1.63%
Book Value
509.90

Click here to know more about Fundamentals

Sasken Technologies Ltd Financials

Sasken Technologies Ltd Financials

Sasken Technologies Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 43.25 % 43.44 % 43.38 % 43.38 %
Retail 28.41 % 28.23 % 28.83 % 28.96 %
FII 18.38 % 18.52 % 18.63 % 18.55 %
Others 9.31 % 9.16 % 9.16 % 9.11 %
Mutual Funds 0.65 % 0.65 % 0.00 % 0.00 %

Promoters

43.25%

Retail

28.41%

FII

18.38%

Others

9.31%

Mutual Funds

0.65%

Promoters

43.44%

Retail

28.23%

FII

18.52%

Others

9.16%

Mutual Funds

0.65%

Promoters

43.38%

Retail

28.83%

FII

18.63%

Others

9.16%

Mutual Funds

0.00%

Promoters

43.38%

Retail

28.96%

FII

18.55%

Others

9.11%

Mutual Funds

0.00%

Resistance and Support

₹1,581.13

PIVOT

resistance-arrow
Resistance
First Resistance₹1,723.267
Second Resistance₹1,811.883
Third Resistance₹1,954.017
support-arrow
Support
First Resistance₹1,492.517
Second Resistance₹1,350.383
Third Resistance₹1,261.767
RSI47.530
MACD-32.500
ADX17.522
CCI-19.818

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day30,02211,82139.37
Week53,31816,14945.85
1 Month26,97712,11554.32
6 Months203,10650,50024.86

About Sasken Technologies Ltd

Sasken Communication Technology Limited (SCTL), SEI CMM Level 5 certified embedded communications solutions company, which was incorporated on 13th February 1989 as ASIC Technologies Private Limited in the State of Gujarat. The Company helps businesses across the communications value chain accelerate product development life cycles. Sasken offers a unique combination of research and development consultancy, wireless software products and software services, and works with Network OEMs, Semiconductor Vendors, Terminal Device OEMs and Operators across the world. In addition to being directly involved in the development of a variety of technologies, Sasken is a member of premier technology bodies including ITU, 3GPP, GCF, MPEG-ISO, WiMAX, NFC, DLNA and ATM, DSL & SDR forums. The Company's name was changed to Silicon Automation Systems (India) Private Limited in October of the year 1992. After a year, in 1993, SCTL had shifted its registered office from the State of Gujarat to the State of Karnataka and also in the same year, the company received the first contract in the telecom space. During the year 1994, Sasken had begun investing in research and development in the telecom space. An ISO 9001:1994 compliant certification was obtained by the company in the year 1996 and in the identical year, SCTL started to participate in standards bodies such as ITU/T. The first licensing deal in the DSL technology space was awarded to the company in the year of 1997. The name of the company was changed from Silicon Automation Systems (India) Private Limited to Silicon Automation Systems Limited in December of the 1998. On 17th October of the year 2000, the company got its present name Sasken Communication Technologies Limited. During the same year of 2000, the company awarded its first licensing deal in the wireless space. An ISO9001: 2000 compliant certification was handed over to the company in period of 2001 and in immediate next year, SCTL assessed at SEI CMM Level 5, awarded the NHRD award for lifetime achievement. Also, the company ranked 14th in the Business Today-Hewitt survey for Best Employers in India during the identical year of 2002. During the year 2003, the company got improved, ranked first in the Business Today-Mercer survey for Best Employers in India, and ranked sixth in the Dataquest and Business World-Great Places to Work surveys. Also in the same year, SCTL had received TL9000 and BS7799 certification. In 2005, the company had entered into capital market by the way of Initial Public Offerings. Sasken acquired iSoftTech Private Limited, Chennai in June 2006 and also acquired 100% stake in Botnia Hightech(Now Sasken Finland) headquartered in Kaustinen, Finland during September of the year 2006, with other offices in Tampere, Oulu and Turku in Finland. In January 2007, Sasken entered into a Joint Venture with Tata Autocomp (A prominent member of Tata Group) known as TACO Sasken Automotive Electronics Pvt Ltd (TSAE). The JV focuses on automotive electronic products in the areas of telematics, infotainment and occupant convenience. SCTL Joined the Near Field Communication (NEC) Forum, a non-profit industry association advancing the use of NFC technology, as an associate member in the year 2007. Nokia had transferred its adaptation software R&D operations in Bochum, Germany to the company in June 2008 and July of the same year, SCTL made its first NFC Software Stack partner agreement with Innovision Research and Technology (UK).

Managing Director

Rajiv C Mody

Founded

1989

NSE Symbol

SASKEN

Sasken Technologies Ltd Management

NameDesignation
Rajiv C ModyChairman & Managing Director
G VenkateshDirector
Pranabh D ModyDirector
Bharat V PatelIndependent Director
Sunirmal TalukdarIndependent Director
Madhu KhatriIndependent Director
Paawan BhargavaCompany Sec. & Compli. Officer
Som MittalIndependent Director
Raja Ramana MachaIndependent Director
Sunil SachanIndependent Director

Sasken Technologies Ltd News

Board of Sasken Technologies recommends final dividend
Of Rs 13 per share
Sasken Technologies consolidated net profit rises 0.70% in the March 2024 quarter
Sales rise 5.93% to Rs 108.99 crore
Sasken Technologies declare Quarterly Result
On 7 May 2024
Sasken Technologies forges strategic partnership with JOYNET
Sasken Tech rises after inking pact with Joynext
Sasken Technoloies jumped 2.96% to Rs 1571.80 after the company announced a strategic partnership with Joynext to collaborate for the development of automotive industry.
Sasken Technologies consolidated net profit declines 43.20% in the December 2023 quarter
Sales decline 21.45% to Rs 96.44 crore
Sasken Technologies to hold board meeting
On 23 January 2024
Sasken Tech drops as Q2 PAT slumps 42% QoQ
Sasken Technologies tumbled 8.47% to Rs 1,160.65 after the company's consolidated net profit declined 29.65% to Rs 18.08 crore in Q2 FY24 as compared with Rs 25.70 recorded in Q1 FY24.
Board of Sasken Technologies recommends Interim Dividend
Of Rs.12 per share
Sasken Technologies consolidated net profit declines 49.67% in the September 2023 quarter
Sales decline 14.58% to Rs 102.51 crore

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Sasken Technologies Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Sasken Technologies Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Sasken Technologies Ltd's share price is ₹1,554.40 as of May 10, 2024

Sasken Technologies Ltd's P/E ratio is 29.45 times as of May 10, 2024.

Sasken Technologies Ltd's most recent financial reports indicate a price-to-book ratio of 3.02, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Sasken Technologies Ltd's market is 2,318 Cr as on May 10, 2024.

The current financial records of Sasken Technologies Ltd show a 10.24% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Sasken Technologies Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Sasken Technologies Ltd's 52-week high and low as of May 10, 2024 are ₹1567.2 and ₹1518.05 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Sasken Technologies Ltd stands at 43.25%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 18.52% to 18.38%.