Silver Touch Technologies Q3 Result 2024: Date and Time, Share Price and Target

News: Silver Touch Technologies, a prominent player in the IT consulting and software sector, is all set to unveil its Q3 2024 results. Investors and stakeholders eagerly await this financial update to gauge the company’s performance and prospects. In this article, we’ll delve into the key aspects of Silver Touch Technologies’ Q3 results, including the date and time of the announcement, share price movements, and potential targets.

Date and Time of Q3 Result Announcement

The official announcement for Silver Touch Technologies’ Q3 results is scheduled for January 24, 2024. Mark your calendars and stay tuned for the latest updates on the company’s financial health.

Total Income and EBIT

• Total Income: In the previous quarter, Silver Touch Technologies reported a total income of Rs 47.11 crore, reflecting a growth of 22.98% compared to the same period last year. This robust performance indicates the company’s resilience in a dynamic market.
• EBIT (Earnings Before Interest and Taxes): The company’s EBIT stood at Rs 4.91 crore, representing a 29.09% increase. This positive trend underscores effective cost management and operational efficiency.

Profit After Tax (PAT)

Silver Touch Technologies achieved a PAT of Rs 3.69 crore in Q3 2024, demonstrating a remarkable 59.33% surge. This impressive growth bodes well for shareholders and reinforces the company’s competitive position.

Share Price Movement

As of the latest update, Silver Touch Technologies’ share price stands at Rs 681.90. Investors should closely monitor any fluctuations in the stock price following the Q3 result announcement. Remember that share prices can react swiftly to financial disclosures.

Target Analysis

While we don’t have specific target figures for Q3 2024, investors should consider the company’s historical performance and industry trends. Analysts often provide target prices based on various valuation metrics. Keep an eye out for expert opinions and market sentiment to make informed investment decisions.

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About Silver Touch Technologies Company :

Silver Touch Technologies, founded by technocrats in 1995, has emerged as a leading global IT solution provider. With a presence spanning Pan-India, USA, UK, and Canada, the company is at the forefront of digital transformation and emerging technologies. Let’s explore the essence of Silver Touch Technologies and its remarkable journey.

Company Overview

• Innovative IT Solutions: Since its inception, Silver Touch Technologies has been empowering clients and enterprises with innovative IT solutions. The company’s team of experts, drawn from diverse fields of applied sciences, collaborates to deliver cutting-edge organizational intelligence.
• Client-Centric Approach: Silver Touch Technologies integrates its skills with client needs, ensuring optimal results. The company has developed performance measurement systems that support clients throughout the software development process.
• Evolution and Foresight: Having witnessed the evolution of technology from Generation X to Generation Y, Silver Touch Technologies maintains a forward-looking perspective. The vision lies in innovating technology while enhancing user-friendly experiences.
• Comprehensive Services: The company’s solutions cover a wide spectrum of technical needs, including:
  • IT Consulting
  • System Integration Services
  • Software Development
  • E-Governance Solutions
  • Mobility Solutions
• Global Footprint: Silver Touch Technologies operates across borders, handling operations worldwide. Its subsidiaries in the USA, UK, and Canada contribute to its global reach.

Key Facts

• Qualified Professionals: The company boasts a team of 1400+ qualified IT professionals.
• Global Client Base: With 2000+ clients worldwide, Silver Touch Technologies has established a strong market presence.
• Web Development: The company has developed 1000+ websites and portals.
• ERP Implementations: Silver Touch Technologies has successfully implemented 350+ ERP solutions across India.
• Focused on Emerging Technologies: The company remains committed to startups and new technologies.

Awards and Recognition

Silver Touch Technologies has received accolades for its excellence and contributions to the industry:

• GESIA 7th Annual Award For Excellence
• Microsoft Small Business Specialist
• CRN Challenges – Awards
• Authorized Service Provider
• Oracle Partner Network
• Nasscom Technology Excellence Award 2019
• Partner Leadership Award 2019
• Channel World Premier 100
• IBM Business Partner Annual Kickoff 2006
• IPTV Award 2016

Management Team

Meet the leaders driving Silver Touch Technologies forward:

• Mr. Vipul Thakkar (Chairman & Managing Director)
• Mr. Jignesh Patel (Whole-Time Director)
• Mr. Minesh Doshi (Whole-Time Director)

Silver Touch Technologies’ Q3 results hold significant implications for investors, employees, and the overall market. As the company continues its growth trajectory, stay informed and analyze the data to navigate the investment landscape effectively.

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