Sasken Technologies

April 16 (Reuters) - Sasken Technologies Ltd SKCT.NS:

• SASKEN TECHNOLOGIES LTD- ANNOUNCES HYDERABAD CENTER OF EXCELLENCE TO SCALE PRODUCT ENGINEERING AND DIGITAL INNOVATION

Source text: ID:nnAZN4SR4TV

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Jan 8 (Reuters) - Sasken Technologies Ltd SKCT.NS:

• GOT ORDER CONFIRMING 178.6 MILLION RUPEES TAX DEMAND

Source text: ID:nNSE5GyTWD

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Sept 18 (Reuters) - Sasken Technologies Ltd SKCT.NS:

• SASKEN TECHNOLOGIES LTD - ANNOUNCES PARTNERSHIP WITH VICONE FOR AUTOMOTIVE CYBERSECURITY

Source text: ID:nBSE7qcdnW

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April 14 (Reuters) - Borqs Technologies Inc BRQSF.PK:

• BORQS TECHNOLOGIES COMPLETED CASH SALE OF CORE BUSINESSES TO SASKEN TECHNOLOGIES OF INDIA

Source text: ID:nGNX6P6SKF

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Nov 11 (Reuters) - Borqs Technologies Inc BRQSF.PK:

• SASKEN TO ACQUIRE BORQS TECHNOLOGIES INC’S BUSINESS TO EXPAND CAPABILITIES AND MARKET REACH

• SASKEN TECHNOLOGIES LTD - DEAL VALUED UP TO $40 MILLION INCLUDING EARN-OUTS

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May 7 (Reuters) - Sasken Technologies Ltd SKCT.NS:

• INDIA'S SASKEN TECHNOLOGIES- MARCH-QUARTER CONSOL NET PROFIT 171.9 MILLION RUPEES VERSUS 170.7 MILLION RUPEES

• SASKEN TECHNOLOGIES - MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.09 BILLION RUPEES VERSUS 1.03 BILLION RUPEES

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** Shares of Sasken Technologies SKCT.NS rise as much as 4.8% to 1,600 rupees, last up 2.8%

** Software services firm and JOYNEXT, an autotech co, partner to work on platforms for in-vehicle and off-vehicle cloud and digital services

** SKCT set to snap three-day losing streak; gained 9.2% in Jan-March period - its fourth straight quarter of gains

** More than 45,000 shares change hands, two times the 30-day avg

** Stock up ~12% YTD, gained 54.5% in 2023 - its best yearly gain since 2021

(Reporting by Dimpal Gulwani in Bengaluru)

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** Shares of software services firm Sasken Technologies SKCT.NS up 2.8% at 1,549.75 rupees

** SKCT says it invested 332 mln rupees ($4 mln) to acquire 60% stake in Anups Silicon Services and subscribe to securities issued by Anups

** Stock opened up 6.1% before trimming some gains

** Stock on track to snap three straight weekly losses, if trend holds

($1 = 83.0650 Indian rupees)

(Reporting by Varun Vyas in Bengaluru)

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March 20 (Reuters) - Sasken Technologies Ltd SKCT.NS:

• INVESTING IN ANUPS SILICON SERVICES TO ACQUIRE 60% STAKE FOR 332 MILLION RUPEES

Source text for Eikon: ID:nBSEb8qTFF

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** Shares of Sasken Technologies SKCT.NS fall as much as 9.7% to 1,142.35 rupees, their sharpest intraday pct drop since Jan. 21, 2022

** The software services firm reported a near 50% slump in Sept-qtr consolidated profit after tax

** Employee costs rose 2.2%

** Revenue from operations down ~15%

** Stock last down 7.8%, trimming YTD gains to ~29%

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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Oct 20 (Reuters) - Sasken Technologies Ltd SKCT.NS:

• SEPT-QUARTER CONSOL PAT 180.8 MILLION RUPEES VERSUS PROFIT 359.2 MILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 1.03 BILLION RUPEES VERSUS 1.2 BILLION RUPEES

• DIVIDEND 12 RUPEES PER SHARE

Source text for Eikon: ID:nBSE4TZrpC

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** Shares of Sasken Technologies SKCT.NS up 13.3% at 1,213 rupees, highest since Jan. 20, 2022

** Software services firm on Tuesday said it partnered with Qualcomm through its Internet of Things (IoT) programme

** Over 375,000 shares change hands as of 09:52 a.m. IST, 7.7x the 30-day moving avg

** Stock last up ~11.4%, taking YTD gains to ~31%

(Reporting by Kashish Tandon in Bengaluru)

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Oct 3 (Reuters) - Sasken Technologies Ltd SKCT.NS:

• COLLABORATES WITH QUALCOMM THROUGH IOT ACCELERATOR PROGRAM

Source text for Eikon: ID:nNSE5WZD2l

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Sasken Technologies Ltd SKCT.NS:

• SASKEN TECHNOLOGIES LTD- GIRISH B V S HAS BEEN DESIGNATED AS CHIEF TECHNOLOGY OFFICER

Source text for Eikon: ID:nBSE7JdPp9

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July 26 (Reuters) - Sasken Technologies Ltd SKCT.NS:

• JUNE-QUARTER CONSOL PAT 257 MILLION RUPEES VERSUS PROFIT 152.3 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 984.9 MILLION RUPEES VERSUS 1.01 BILLION RUPEES

Source text for Eikon: ID:nBSEn5Whk

Further company coverage: SKCT.NS

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** Shares of Sasken Technologies Ltd SKCT.NS fall as much as 8.4% to 803.85 rupees, their steepest intraday pct drop since July 21, 2022

** The software services firm on Tuesday reported a 36.5% slump in Q4 consolidated profit after tax, mainly hurt by 13.5% surge in total expenses during the quarter

** Revenue from operations down 5.8%

** Also declared final dividend of 13 rupees per share

** About 24,588 shares change hands by 9:37 a.m. IST, 2.6x the 30-day average - Refinitiv Data

** If trends hold, stock on track to fall for second consecutive session

** Up to last close, stock had fallen 3.2% YTD

($1 = 81.8200 Indian rupees)

(Reporting by Priya Sagar in Bengaluru)

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