Cigniti Technologies jumps on partnering with BABB

01 Oct 2020 Evaluate

Cigniti Technologies is currently trading at Rs. 424.25, up by 9.50 points or 2.29% from its previous closing of Rs. 414.75 on the BSE.

The scrip opened at Rs. 424.80 and has touched a high and low of Rs. 429.75 and Rs. 418.20 respectively. So far 11015 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 429.75 on 01-Oct-2020 and a 52 week low of Rs. 175.10 on 08-Apr-2020.

Last one week high and low of the scrip stood at Rs. 429.75 and Rs. 371.00 respectively. The current market cap of the company is Rs. 1194.60 crore.

The promoters holding in the company stood at 37.46%, while Institutions and Non-Institutions held 0.21% and 62.34% respectively.

BABB, the blockchain banking and fundraising challenger has partnered with Cigniti Technologies to leverage its cutting-edge Quality Engineering expertise. The BABB business model is primarily delivered via their mobile apps. BABB wanted to ensure their application is highly secure, provides the best user experience and keeps pace with changing market conditions. This demanded an intense and structured approach to testing across devices and platforms (iOS and Android).

Cigniti leveraged it’s proven mobile quality engineering methodology to perform both functional and non-functional testing of the BABB mobile app. The team executed user acceptance testing of the key user journeys that includes multiple functionalities and features. Cigniti also performed security testing in the form of dynamic application security testing, mobile application security testing and API security testing.

Cigniti Technologies is a Global Leader in Independent Quality Engineering & Software Testing Services, headquartered at Hyderabad, India.

Cigniti Technologies Share Price

1258.30 -14.50 (-1.14%)
16-Apr-2024 16:01 View Price Chart
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