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Covance Softsol Limited is engaged in the Information and Technology sector, following a demerger from Softsol India Limited.
The company was incorporated on August 11, 2023, and became operational with the transfer of IT/ITES businesses from Softsol India Limited, as sanctioned by the NCLT order dated September 12, 2024.
The demerger was effective from April 1, 2023, with the formalization completed by September 25, 2024, marking a significant milestone for the company's operational scope.
Shareholders of Softsol India Limited received 1,47,63,689 equity shares, highlighting strategic shareholder distribution during the transition period.
IT - Software
Computers - Software & Consulting
341 Cr
Low Risk
9.9
18.2
0.0
1.9
171.34
9.65
Sales CAGR
Profit CAGR
ROE
ROCE
Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.
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Covance Softsol Ltd (COVANCE) is currently trading at 153.90 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Covance Softsol Limited is engaged in the Information and Technology sector, following a demerger from Softsol India Limited. The company was incorporated on August 11, 2023, and became operational with the transfer of IT/ITES businesses from Softsol India Limited, as sanctioned by the NCLT order dated September 12, 2024. The demerger was effective from April 1, 2023, with the formalization completed by September 25, 2024, marking a significant milestone for the company's operational scope. Shareholders of Softsol India Limited received 1,47,63,689 equity shares, highlighting strategic shareholder distribution during the transition period.
Over the past 52 weeks, Covance Softsol Ltd has traded between a low of ₹9.65 and a high of ₹171.34. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Covance Softsol Ltd has a market capitalization of approximately 324.65. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Covance Softsol Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 9.45 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 324.65 Cr, Covance Softsol Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Covance Softsol Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Covance Softsol Ltd is 9.45. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Bearish
2
Neutral
9
Bullish
3
Bearish
23
Neutral
9
Bullish
14
Bearish
21
Neutral
0
Bullish
11
| Symbol | Watchlist | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
29.83 | 400 Cr | 34.52 | 1.96 | 0.00 | 5.66 | 8.12 | 5.07 | ||
308.80 | 398 Cr | 25.02 | 4.51 | 0.00 | 18.03 | 24.94 | 14.79 | ||
17.23 | 355 Cr | 10.00 | 1.25 | 0.00 | 9.30 | 11.11 | 5.30 | ||
139.65 | 336 Cr | 39.36 | 1.13 | 0.00 | 2.87 | 3.66 | 2.19 | ||
146.60 | 325 Cr | 9.45 | 1.92 | 0.00 | 20.38 | 25.71 | 12.28 | ||
52.00 | 317 Cr | 63.57 | 6.09 | 0.00 | 9.58 | 10.91 | 6.45 | ||
112.05 | 275 Cr | 10.78 | 1.43 | 0.00 | 13.31 | 17.86 | 12.78 | ||
| Median: 7 Co. | — | 112.05 | 336 Cr | 25.02 | 1.92 | 0.00 | 9.58 | 11.11 | 6.45 |
Audited Financial Results
Covance Softsol Ltd. published audited standalone and consolidated financial results for the quarter and year ended 31-Mar-2026, approved by the Board on 30-May-2026 and published in newspapers on 01-Jun-2026; results show higher annual profits.
Audited Financial Results
Covance Softsol filed and published newspaper extracts of its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026; results were approved by the Board on May 30, 2026 and published June 1, 2026.
