SIFY has been in the news 563% more than usual
Jun 11, 2024, 6:32 PM
-14.25%
What does SIFY do
Sify Technologies Ltd., based in Chennai, Tamil Nadu, provides integrated Internet, network, and electronic commerce services across India, employing 4,439 full-time staff. The company operates through segments including Network-centric services, Data Center Services, and Digital Services, offering a variety of solutions from virtual private networks to managed services.
SIFY has been in the news recently: SIFY's shares plummeted by 24% to $0.63 following the announcement of the voluntary delisting date for their ADS rights from Nasdaq. Dow futures dropped over 50 points, resulting in lower U.S. stock futures.
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