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, MPEGISO, WiMAX, NFC, DLNA and ATM, DSL SDR forums. The Companys 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 TodayHewitt 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 TodayMercer survey for Best Employers in India, and ranked sixth in the Dataquest and Business WorldGreat 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 nonprofit industry association advancing the use of NFC technology, as an associate member in the year 2007. Nokia had transferred its adaptation software RD 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).
What is the current share price of Sasken Technologies Ltd today on both NSE and BSE?
Sasken Technologies Ltd shares are currently priced at 1597.05 on NSE and 1601.45 on BSE as of 4/25/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has Sasken Technologies Ltd [SASKEN] shares performed in the past ?
The past 1-year return of Sasken Technologies Ltd [SASKEN] share was 90.54. The Sasken Technologies Ltd [SASKEN] share hit a 1-year low of Rs. 803.85 and a 1-year high of Rs. 1834.
What is the market cap of Sasken Technologies Ltd [SASKEN] ?
The market cap of Sasken Technologies Ltd is Rs. 2408.02 Cr. as of 4/25/2024 12:00:00 AM.
What is the current P/E ratio of Sasken Technologies Ltd [SASKEN] share price ?
The PE ratios of Sasken Technologies Ltd is 23.76 as of 4/25/2024 12:00:00 AM.
What is the current PB ratio of Sasken Technologies Ltd [SASKEN] share price ?
The PB ratios of Sasken Technologies Ltd is 3.21 as of 4/25/2024 12:00:00 AM
What is the Mutual Fund shareholding in Sasken Technologies Ltd?
The Mutual Fund Shareholding was 0.65% at the end of 4/25/2024 12:00:00 AM.
How can I buy Sasken Technologies Ltd shares?
You can easily buy Sasken Technologies Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.