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The ongoing AI infrastructure hype has propelled American Depository Shares of Indian ICT solutions provider Sify Technologies to new multi-year highs. In an attempt to capitalize on the hype, the company is preparing an IPO for its data center unit Sify Infinit Spaces ("SISL") at a targeted valuation of $4.2 billion. Recent market volatility has resulted in the IPO being delayed but with AI in...
Sify Technologies Limited (SIFY) is experiencing robust data center revenue growth, driven by AI adoption and cloud expansion among Indian enterprises. I remain neutral on SIFY, as strong data center momentum is offset by persistent losses, execution risks, and aggressive capital expenditures. Valuation is stretched, with forward P/E multiples around 648 and PEG above 32, while profitability an...
CHENNAI, India, April 06, 2026 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), India's leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced that it will report its unaudited IFRS financial results for the full year ended March 31, 2026 on Monday, April 13, 2026 before the marke...
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