Theleme Partners LLP Makes New Investment in Sify Technologies Limited $SIFY

Theleme Partners LLP acquired a new stake in Sify Technologies Limited (NASDAQ:SIFY) in the 3rd quarter, Holdings Channel reports. The fund acquired 997,583 shares of the technology company’s stock, valued at approximately $13,627,000. Sify Technologies comprises approximately 0.9% of Theleme Partners LLP’s portfolio, making the stock its 10th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Baader Bank Aktiengesellschaft acquired a new stake in Sify Technologies in the third quarter worth approximately $137,000. XTX Topco Ltd acquired a new position in shares of Sify Technologies during the 2nd quarter valued at $50,000. Schroder Investment Management Group raised its stake in shares of Sify Technologies by 5.6% in the 2nd quarter. Schroder Investment Management Group now owns 42,337 shares of the technology company’s stock worth $194,000 after buying an additional 2,244 shares in the last quarter. Finally, Acadian Asset Management LLC raised its stake in shares of Sify Technologies by 75.4% in the 1st quarter. Acadian Asset Management LLC now owns 197,563 shares of the technology company’s stock worth $838,000 after buying an additional 84,958 shares in the last quarter. Institutional investors own 0.61% of the company’s stock.

Sify Technologies Stock Performance

Shares of Sify Technologies stock opened at $14.22 on Thursday. The business has a fifty day simple moving average of $14.56 and a 200-day simple moving average of $12.85. Sify Technologies Limited has a fifty-two week low of $3.50 and a fifty-two week high of $17.85. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.74 and a current ratio of 0.88.

Sify Technologies (NASDAQ:SIFY) last released its earnings results on Monday, January 12th. The technology company reported ($0.05) earnings per share (EPS) for the quarter. Sify Technologies had a negative return on equity of 15.90% and a negative net margin of 3.70%.The firm had revenue of $128.86 million for the quarter. Research analysts predict that Sify Technologies Limited will post 0.01 earnings per share for the current year.

Sify Technologies Profile

Sify Technologies Limited is an India‐based provider of integrated information and communications technology solutions, catering primarily to enterprise and government clients. The company’s core offerings include network services, data center hosting, cloud computing, managed security, unified communications, and digital transformation solutions. Sify’s end-to-end portfolio is designed to support critical IT infrastructure, enabling clients to scale operations, improve reliability, and accelerate technology adoption.

In the networking domain, Sify operates a nationwide IP‐MPLS backbone with extensive fiber infrastructure and a global internet peering footprint.