DALLAS, Nov. 2, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Sify Technologies Ltd. (Nasdaq:SIFY). The report details the company's most recent developments and news, outlines its financial position and market performance, and includes an easy-to-read stock chart.
MicroStockProfit.com is the premier destination for investment information, making your trading decisions easier than ever. Get the rundown on how SIFY stacks up against its competitors and check-out the stock's technical data by viewing the free, in-depth report for SIFY at: http://www.microstockprofit.com/lp/SIFY
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In the report, the analyst notes:
"Shares of SIFY dropped as much as 29% to $4.46 on Tuesday, snapping a five-day winning streak. Approximately 7.17 million shares traded hands during the session, as against the 10-day average of 1.47 million. Over the last 52-weeks, the stock has reached a low of $1.66 and a high of $8.54."
"Looking forward, SIFY remains very positive on the outlook for ICT services in India, which is supported by favorable regulatory trends. The proposal to allow Voice-over-IP domestically in India also provides new opportunities for data-focused operators such as SIFY, Vegesna said."
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